Cost of Living: Tavares, FL vs Richland, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tavares | Richland |
|---|---|---|
| Housing Index | 98.0 | 95.0 |
| Median Home Price | $345,000 | $176,000 |
| Average Rent (2 BR Apartment) | $1700 | $1200 |
| Average Rent (2 BR House) | $1744.8 | $1360 |
Housing Comparison: Tavares vs Richland
- In Tavares, the median home price is higher at $345,000, while in Richland it is $176,000.
- Renting a two-bedroom apartment costs more in Tavares at $1,700 than in Richland at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Tavares | Richland |
|---|---|---|
| Electricity Price | $13.89 | $13.42 |
| Natural Gas Price | $26.13 | $22.19 |
| Other Utilities | $230 | $250 |
Utilities Comparison: Tavares vs Richland
- Electricity costs are higher in Tavares at $13.89 per kWh, compared to $13.42 in Richland.
- Natural gas is more expensive in Tavares at $26.13 per unit, while it is cheaper at $22.19 in Richland.
- Richland has higher utility expenses, averaging $250, while Tavares averages $230.