Cost of Living In Richmond, Indiana - Is Richmond Cheap Place To Live?

How expensive is it to live in Richmond, Indiana?
Is it very expensive to live in Richmond, Indiana? How much money do you need to live comfortably in Richmond? Let's find out. The cost of living index is based on a national average of 100. An amount below 100 means Richmond, Indiana is cheaper than the US average. A cost of living index above 100 means Richmond, Indiana is more expensive. Richmond, Indiana cost of living is 77. Which is 23% lower than US average.
Median Home Cost
$86300
62% NAT AVG.
Median Income
$40871
39% NAT AVG.
Median Rent
$704
39% NAT AVG.
Cost Of Living
77
23% NAT AVG.
Cost of Living
Expense Richmond Indiana National Avg.
Services 82 93 100
Groceries 90 93 100
Health 77 94 100
Housing 48 74 100
Transportation 101 95 100
Utilities 90 96 100
Cost of Living
Cost of Living Calculator

You can enter an amount and the Cost of Living Calculator will determine how much more (or less) you would need to maintain the same standard of living if you are relocating to another city. It takes into consideration current prices in your current city and the city you are considering for relocation. If you enter how much you need for living in the current city, you'll get an approximate information how much you will need in another city. This tool allows comparison for over 5000 cities in USA.