Cost of Living: Richmond, VA vs Nesmith, SC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richmond | Nesmith |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $309,500 | $239,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1850 | $Data is updating |
Housing Comparison: Richmond vs Nesmith
- In Richmond, the median home price is higher at $309,500, while in Nesmith it is $239,000.
- The rent for a two-bedroom apartment is equal in both Richmond and Nesmith 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 | Nesmith |
|---|---|---|
| Electricity Price | $15.31 | $14.18 |
| Natural Gas Price | $19.91 | $23.51 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Richmond vs Nesmith
- Electricity costs are higher in Richmond at $15.31 per kWh, compared to $14.18 in Nesmith.
- Nesmith experiences higher natural gas costs at $23.51 per unit, with costs at $19.91 in Richmond.
- Utility expenses are equal in both Richmond and Nesmith averaging $250.