Cost of Living: Richmond, VA vs Dardanelle, AR

Housing

The housing market plays a significant role in determining the cost of living.

Metric Richmond Dardanelle
Housing Index 120.0 85.0
Median Home Price $309,500 $155,000
Average Rent (2 BR Apartment) $1800 $800
Average Rent (2 BR House) $1850 $912.8

Housing Comparison: Richmond vs Dardanelle

  • In Richmond, the median home price is higher at $309,500, while in Dardanelle it is $155,000.
  • In Dardanelle, the rental for a two-bedroom apartment stands at $800, while it is $1,800 in Richmond.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Richmond Dardanelle
Electricity Price $15.31 $12.36
Natural Gas Price $19.91 $17.08
Other Utilities $250 $200

Utilities Comparison: Richmond vs Dardanelle

  • Electricity costs are higher in Richmond at $15.31 per kWh, compared to $12.36 in Dardanelle.
  • Natural gas is more expensive in Richmond at $19.91 per unit, while it is cheaper at $17.08 in Dardanelle.
  • Other utility costs are higher in Richmond at an average of $250, compared to Dardanelle with $200.