Cost of Living: West monroe, LA vs Richmond, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | West monroe | Richmond |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $187,500 | $650,000 |
| Average Rent (2 BR Apartment) | $1200 | $2800 |
| Average Rent (2 BR House) | $1360 | $2700 |
Housing Comparison: West monroe vs Richmond
- The median home price in Richmond is higher at $650,000, compared to $187,500 in West monroe.
- In Richmond, the rental for a two-bedroom apartment stands at $2,800, while it is $1,200 in West monroe.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | West monroe | Richmond |
|---|---|---|
| Electricity Price | $11.42 | $32.99 |
| Natural Gas Price | $19.48 | $16.99 |
| Other Utilities | $200 | $250 |
Utilities Comparison: West monroe vs Richmond
- Richmond has higher electricity costs at $32.99 per kWh, versus $11.42 in West monroe.
- Natural gas is more expensive in West monroe at $19.48 per unit, while it is cheaper at $16.99 in Richmond.
- Richmond has higher utility expenses, averaging $250, while West monroe averages $200.