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Richmond, LA vs Watson, LA

68
Richmond
Louisiana
VS
-26.4%
92
Watson
Louisiana

There is a significant gap in the cost of living between these two cities. Richmond is 26.4% cheaper than Watson. With a cost index of 68 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Richmond to Watson should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Richmond are $169,600 compared to $245,000 in Watson, a 31% gap.

Median household income in Richmond is $56,250 compared to $147,500 in Watson (-61.9%). While Watson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (66.1°F vs 68.5°F). Watson receives more rainfall at 61.9" per year compared to 53.4" in Richmond.

Income & Cost

Cost of Living Index
Richmond
68
26% cheaper
Watson
92
Median Household Income
Richmond
$56,250
Watson
$147,500
62% higher

Housing

Median Rent
Richmond
$750
Watson
Median Home Value
Richmond
$169,600
31% cheaper
Watson
$245,000
Population
Richmond
529
Watson
1,503

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Richmond
Watson $2.85
US $3.07
🥚
Eggs (grade A, large)
Richmond
Watson $2.33
US $2.50
🥛
Milk (whole)
Richmond
Watson $3.74
US $4.03
🍞
Bread (white)
Richmond
Watson $1.72
US $1.85
🍗
Chicken breast
Richmond
Watson $3.85
US $4.14
Electricity
Richmond
Watson $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Richmond 66.1°F
Watson 68.5°F
Summer High
Richmond 93°F
Watson 92°F
Winter Low
Richmond 38°F
Watson 42°F
Rainfall
Richmond 53.4"
Watson 61.9"
Rainy Days
Richmond 109d
Watson 114d