Cost of Living: Rio rancho, NM vs Richton, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rio rancho | Richton |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $331,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1300 | $Data is updating |
| Average Rent (2 BR House) | $1400 | $Data is updating |
Housing Comparison: Rio rancho vs Richton
- In Rio rancho, the median home price is higher at $331,000, while in Richton it is $150,000.
- The rent for a two-bedroom apartment is equal in both Rio rancho and Richton at $1,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Rio rancho | Richton |
|---|---|---|
| Electricity Price | $14.44 | $13.42 |
| Natural Gas Price | $Data is updating | $22.19 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Rio rancho vs Richton
- Electricity costs are higher in Rio rancho at $14.44 per kWh, compared to $13.42 in Richton.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Rio rancho and Richton averaging $250.