Cost of Living: Springfield, MA vs Richlands, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Richlands |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $287,000 | $182,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Springfield vs Richlands
- In Springfield, the median home price is higher at $287,000, while in Richlands it is $182,000.
- The rent for a two-bedroom apartment is equal in both Springfield and Richlands 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 | Springfield | Richlands |
|---|---|---|
| Electricity Price | $28.15 | $13.72 |
| Natural Gas Price | $21.62 | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Springfield vs Richlands
- Electricity costs are higher in Springfield at $28.15 per kWh, compared to $13.72 in Richlands.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Springfield and Richlands averaging $250.