Cost of Living: Richmond, VA vs Crandall, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richmond | Crandall |
|---|---|---|
| Housing Index | 120.0 | 110.0 |
| Median Home Price | $309,500 | $305,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1850 | $1840 |
Housing Comparison: Richmond vs Crandall
- In Richmond, the median home price is higher at $309,500, while in Crandall it is $305,000.
- The rent for a two-bedroom apartment is equal in both Richmond and Crandall at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Richmond | Crandall |
|---|---|---|
| Electricity Price | $15.31 | $14.47 |
| Natural Gas Price | $19.91 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Richmond vs Crandall
- Electricity costs are higher in Richmond at $15.31 per kWh, compared to $14.47 in Crandall.
- Crandall experiences higher natural gas costs at $26.29 per unit, with costs at $19.91 in Richmond.
- Utility expenses are equal in both Richmond and Crandall averaging $250.