Cost of Living: Gresham, OR vs Richmond, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gresham | Richmond |
|---|---|---|
| Housing Index | 116.2 | 120.0 |
| Median Home Price | $476,000 | $650,000 |
| Average Rent (2 BR Apartment) | $1530 | $2507 |
| Average Rent (2 BR House) | $1663 | $2725 |
Housing Comparison: Gresham vs Richmond
- The median home price in Richmond is higher at $650,000, compared to $476,000 in Gresham.
- In Richmond, the rental for a two-bedroom apartment stands at $2,507, while it is $1,530 in Gresham.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Gresham | Richmond |
|---|---|---|
| Electricity Price | $15.12 | $32.99 |
| Natural Gas Price | $16.5 | $16.99 |
| Other Utilities | $248 | $250 |
Utilities Comparison: Gresham vs Richmond
- Richmond has higher electricity costs at $32.99 per kWh, versus $15.12 in Gresham.
- Richmond experiences higher natural gas costs at $16.99 per unit, with costs at $16.5 in Gresham.
- Richmond has higher utility expenses, averaging $250, while Gresham averages $248.