Cost of Living in Richmond, OH

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12%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
36%
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 Richmond Ohio National
Cost of living8889100
Groceries10097100
Health care9996100
Housing6474100
Transportation9796100
Utilities9996100
Lifestyle & Entertainment9795100
Household Items9897100
Education & Childcare10093100
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Homes For Sale In Richmond, OH

property for sale

State Route 646

Bloomingdale, OH
property for sale

132 Valley Dr

Richmond, OH
property for sale

102 Mynster Ln

Richmond, OH
property for sale

119 N Green St

Richmond, OH

Cost Of Living Quick Facts

  • The cost of living in Richmond is 1% lower than the Ohio average
  • The cost of living in Richmond is 12% lower than the national average
  • Richmond housing is 36% lower than the national average
  • Ohio general sales tax is 13% higher than the national average
  • Ohio state income tax is 6% higher than the national average

Most Affordable Places to Live in and Around Richmond

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Compare Richmond, OH Cost of Living

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      Cost of living index
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      Health care index
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      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$101,806$8,484$2,375$3,054
      Renters$70,626$5,886$1,648$2,119

      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 2.76% 3.99%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Glasgow, PA1178218.3%
      Smithfield, OH8468019.7%
      La Croft, OH1,0697722.7%
      Amsterdam, OH5227821.8%
      Stratton, OH3678119.0%
      Richmond, OH4808811.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Reyno, AR4807722.9%
      Deer Trail, CO4801076.8%
      Yampa, CO48011414.2%
      Milton, IA4807920.6%
      Ashley, IL4808118.8%
      Richmond, OH4808811.6%
      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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