Housing costs in Richland?
A typical home costs
$89,000, which is 73.7% less expensive than the national average of
$338,100 and 71.1% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Richland costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 54.2% cheaper than the state average of
$1,280.
Can I afford Richland?
To live comfortably in Richland, Georgia, a minimum annual income of
$16,920 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Richland?
The cost of living in Richland, GA is relatively low compared to the national average. The median home cost is around $106,500 which is lower than the state’s median home cost of $157,400. Additionally, the overall cost of living index is at 87.9 which is 13 points lower than the United States’ average. This translates to a lower cost for housing as well as other daily expenses like groceries and transportation. With a low unemployment rate of only 3.5%, it’s easy to see why Richland should be considered when looking for an affordable place to live.