Cost of Living: Toledo, OH vs Richland, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Toledo | Richland |
|---|---|---|
| Housing Index | 75.0 | 95.0 |
| Median Home Price | $143,000 | $176,000 |
| Average Rent (2 BR Apartment) | $900 | $1200 |
| Average Rent (2 BR House) | $800 | $1360 |
Housing Comparison: Toledo vs Richland
- The median home price in Richland is higher at $176,000, compared to $143,000 in Toledo.
- Renting a two-bedroom apartment costs more in Toledo at $900 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 | Toledo | Richland |
|---|---|---|
| Electricity Price | $15.92 | $13.42 |
| Natural Gas Price | $Data is updating | $22.19 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Toledo vs Richland
- Electricity costs are higher in Toledo at $15.92 per kWh, compared to $13.42 in Richland.
- Natural gas price data is currently unavailable.
- Richland has higher utility expenses, averaging $250, while Toledo averages $200.