Cost of Living: Rayne, LA vs Riverbank, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rayne | Riverbank |
|---|---|---|
| Housing Index | 96.3 | 136.2 |
| Median Home Price | $134,000 | $460,000 |
| Average Rent (2 BR Apartment) | $1358 | $2391 |
| Average Rent (2 BR House) | $1476 | $2599 |
Housing Comparison: Rayne vs Riverbank
- The median home price in Riverbank is higher at $460,000, compared to $134,000 in Rayne.
- In Riverbank, the rental for a two-bedroom apartment stands at $2,391, while it is $1,358 in Rayne.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Rayne | Riverbank |
|---|---|---|
| Electricity Price | $11.42 | $32.99 |
| Natural Gas Price | $19.48 | $16.99 |
| Other Utilities | $231 | $258 |
Utilities Comparison: Rayne vs Riverbank
- Riverbank has higher electricity costs at $32.99 per kWh, versus $11.42 in Rayne.
- Natural gas is more expensive in Rayne at $19.48 per unit, while it is cheaper at $16.99 in Riverbank.
- Riverbank has higher utility expenses, averaging $258, while Rayne averages $231.