Cost of Living in Richlands, VA

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14%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
42%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Richlands Virginia National
Cost of living86111100
Groceries96103100
Health care99103100
Housing58129100
Transportation97105100
Utilities99104100
Lifestyle & Entertainment99103100
Household Items98102100
Education & Childcare100109100
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Homes For Sale In Richlands, VA

property for sale

541 Plantation Dr

Richlands, VA
property for sale

3361 Daw Rd

Cedar Bluff, VA
property for sale

167 Honaker Rd

Richlands, VA
property for sale

318 Lost Rd

Richlands, VA

Cost Of Living Quick Facts

  • The cost of living in Richlands is 23% lower than the Virginia average
  • The cost of living in Richlands is 14% lower than the national average
  • Richlands housing is 42% lower than the national average
  • Virginia general sales tax is 4% higher than the national average
  • Virginia state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Richlands

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$47,029$3,919$1,097$1,411
      Renters$39,587$3,299$924$1,188
      The affordability of the housing market in Richlands, VA as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Richlands homeowners, the median income is $47,029. This indicates that a monthly maximum of $1,097 should be spent by homeowners on all housing related costs. Renters have a median income of $39,587. This indicates that renters would have a maximum of $924 for their rent related monthly costs.

      Virginia Sales Tax

      State General Sales Tax With Max Surtax
      Virginia 5.3% 6%

      Virginia Income Tax

      State Income Tax (Low) Income Tax (High)
      Virginia 2% 5.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Berwind, WV2251032.8%
      Cucumber, WV231032.8%
      Honaker, VA1,4748118.7%
      Raven, VA2,3758218.1%
      Lebanon, VA3,3008316.7%
      Richlands, VA5,4638614.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Greenacres, CA5,46312020.2%
      Rothschild, WI5,463936.8%
      Kalaheo, HI5,46418382.8%
      Glasgow Village, MO5,4648217.6%
      Central, SC5,4619010.2%
      Richlands, VA5,4638614.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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