Cost of Living: Waco, TX vs Richmond hill, GA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Waco Richmond hill
Housing Index 85.0 110.5
Median Home Price $215,000 $295,000
Average Rent (2 BR Apartment) $1350 $1500
Average Rent (2 BR House) $1400 $1600

Housing Comparison: Waco vs Richmond hill

  • The median home price in Richmond hill is higher at $295,000, compared to $215,000 in Waco.
  • In Richmond hill, the rental for a two-bedroom apartment stands at $1,500, while it is $1,350 in Waco.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Waco Richmond hill
Electricity Price $14.47 $15.53
Natural Gas Price $26.29 $27.53
Other Utilities $250 $250

Utilities Comparison: Waco vs Richmond hill

  • Richmond hill has higher electricity costs at $15.53 per kWh, versus $14.47 in Waco.
  • Richmond hill experiences higher natural gas costs at $27.53 per unit, with costs at $26.29 in Waco.
  • Utility expenses are equal in both Waco and Richmond hill averaging $250.