Richmond, OH Cost Of Living

Richmond cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Richmond	Ohio	National
Cost of living index	87	91	100
Index	Richmond	Ohio	National
Goods & Services index	97	99	100
Groceries index	110	99	100
Health care index	94	95	100
Housing index	51	73	100
Transportation index	107	101	100
Utilities index	110	93	100

Did you know?

The cost of living in Richmond is 4% lower than the Ohio average.
The cost of living in Richmond is 13% lower than the national average.
The cost of housing in Richmond is 49% lower than the national average.
Ohio general sales tax is 13% higher than the national average.
Ohio state income tax is 78% lower than the national average.

Find Real Estate Listings In Richmond

New Real Estate Listings In Richmond

The best places in Ohio

Here are the best places to live in Ohio

See the best places to live in & around Richmond

10 Best cities in Ohio for employment

These are the 10 most affordable cities in Ohio

Compare Richmond, OH Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$51,964	$4,330	$1,212	$1,559
Renters	$33,472	$2,789	$781	$1,004

Ohio Sales Tax

State	General Sales Tax	With Max Surtax
Ohio	5.75%	8%

Ohio Income Tax

State	Income Tax (Low)	Income Tax (High)
Ohio	0.5%	5%

Goods & Services

Item	Richmond	National avg.	Difference
Haircut	$17.53	$16.09	9.0%
Beauty Salon	$32.20	$37.33	13.7%
Toothpaste	$2.41	$2.45	1.5%
Shampoo	$1.02	$1.00	1.6%
Movie	$9.93	$10.28	3.4%
Bowling	$4.13	$4.93	16.3%

Groceries

Item	Richmond	National avg.	Difference
Ground Beef	$3.53	$3.80	7.1%
Fried Chicken	$1.57	$1.40	12.6%
Milk	$1.90	$2.01	5.5%
Potatoes	$2.99	$3.01	0.6%
Pizza	$9.99	$9.89	1.1%
Beer	$10.08	$8.90	13.3%

Health Care

Item	Richmond	National avg.	Difference
Optometrist	$86.58	$102.16	15.2%
Doctor	$98.75	$108.36	8.9%
Dentist	$86.30	$92.53	6.7%
Ibuprofen	$9.43	$9.28	1.6%
Lipitor	$415.17	$425.82	2.5%

Housing

Item	Richmond	National avg.	Difference
Home Price	$86,100.00	$184,700.00	53.4%
Avg. Mortgage Payment	$1,031.03	$1,202.44	14.3%
Apartment Rent	$589.00	$949.00	37.9%

Transportation

Item	Richmond	National avg.	Difference
Gasoline	$2.61	$2.24	16.1%
Tire Balancing	$40.59	$46.29	12.3%

Utilities

Item	Richmond	National avg.	Difference
All Electricity	$186.46	$165.96	12.3%
Phone	$30.99	$28.68	8.0%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
East Springfield, OH	574	82	-18%
Amsterdam, OH	440	82	-18%
Wellsville, OH	3,436	82	-18%
Newell, WV	1,237	82	-18%
Irondale, OH	322	83	-17%
Richmond, OH	390	87	-13%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Manvel, ND	390	93	-7%
Noxapater, MS	390	78	-22%
Fort Green Springs, FL	390	79	-21%
East Pecos, NM	390	95	-5%
Sterling, OH	390	85	-15%
Richmond, OH	390	87	-13%

Source: The Richmond, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Richmond, OH Cost of Living