Cost of Living: Richmond, VA vs Stuttgart, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richmond | Stuttgart |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $309,500 | $145,000 |
| Average Rent (2 BR Apartment) | $1800 | $1120 |
| Average Rent (2 BR House) | $1850 | $1160 |
Housing Comparison: Richmond vs Stuttgart
- In Richmond, the median home price is higher at $309,500, while in Stuttgart it is $145,000.
- Renting a two-bedroom apartment costs more in Richmond at $1,800 than in Stuttgart at $1,120.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Richmond | Stuttgart |
|---|---|---|
| Electricity Price | $15.31 | $12.36 |
| Natural Gas Price | $19.91 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Richmond vs Stuttgart
- Electricity costs are higher in Richmond at $15.31 per kWh, compared to $12.36 in Stuttgart.
- Natural gas is more expensive in Richmond at $19.91 per unit, while it is cheaper at $17.08 in Stuttgart.
- Other utility costs are higher in Richmond at an average of $250, compared to Stuttgart with $200.