Cost of Living: Richmond, VA vs Tacoma, WA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richmond | Tacoma |
|---|---|---|
| Housing Index | 120.0 | 140.0 |
| Median Home Price | $309,500 | $466,400 |
| Average Rent (2 BR Apartment) | $1800 | $2100 |
| Average Rent (2 BR House) | $1850 | $2200 |
Housing Comparison: Richmond vs Tacoma
- The median home price in Tacoma is higher at $466,400, compared to $309,500 in Richmond.
- In Tacoma, the rental for a two-bedroom apartment stands at $2,100, 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 | Tacoma |
|---|---|---|
| Electricity Price | $15.31 | $12.34 |
| Natural Gas Price | $19.91 | $18.14 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Richmond vs Tacoma
- Electricity costs are higher in Richmond at $15.31 per kWh, compared to $12.34 in Tacoma.
- Natural gas is more expensive in Richmond at $19.91 per unit, while it is cheaper at $18.14 in Tacoma.
- Utility expenses are equal in both Richmond and Tacoma averaging $250.