Cost of Living: Richmond, VA vs Clemmons, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richmond | Clemmons |
|---|---|---|
| Housing Index | 110.2 | 99.5 |
| Median Home Price | $309,500 | $301,000 |
| Average Rent (2 BR Apartment) | $1763 | $1731 |
| Average Rent (2 BR House) | $1916 | $1881 |
Housing Comparison: Richmond vs Clemmons
- In Richmond, the median home price is higher at $309,500, while in Clemmons it is $301,000.
- Renting a two-bedroom apartment costs more in Richmond at $1,763 than in Clemmons at $1,731.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Richmond | Clemmons |
|---|---|---|
| Electricity Price | $15.31 | $13.72 |
| Natural Gas Price | $19.91 | $Data is updating |
| Other Utilities | $250 | $234 |
Utilities Comparison: Richmond vs Clemmons
- Electricity costs are higher in Richmond at $15.31 per kWh, compared to $13.72 in Clemmons.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Richmond at an average of $250, compared to Clemmons with $234.