Cost of Living: Richmond, VA vs Polaris, MT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richmond | Polaris |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $309,500 | $200,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1850 | $Data is updating |
Housing Comparison: Richmond vs Polaris
- In Richmond, the median home price is higher at $309,500, while in Polaris it is $200,000.
- The rent for a two-bedroom apartment is equal in both Richmond and Polaris 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 | Polaris |
|---|---|---|
| Electricity Price | $15.31 | $13.58 |
| Natural Gas Price | $19.91 | $8.31 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Richmond vs Polaris
- Electricity costs are higher in Richmond at $15.31 per kWh, compared to $13.58 in Polaris.
- Polaris experiences higher natural gas costs at $8.31 per unit, with costs at $19.91 in Richmond.
- Utility expenses are equal in both Richmond and Polaris averaging $250.