Richfield, NC Cost of Living


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Richfield cost of living score
81.1
Less expensive
18.9% lower
than the US average
10.9% lower
than the North Carolina average
Richfield, North Carolina gets a BestPlaces Cost of Living score of 81.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.9% lower than the U.S. average and 10.9% higher than the average for North Carolina.

Richfield, NC

Housing costs in Richfield?
A typical home costs $272,600, which is 19.4% less expensive than the national average of $338,100 and 5.8% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Richfield costs $950 per month, which is 33.6% cheaper than the national average of $1,430 and 16.8% cheaper than the state average of $1,110.

Can I afford Richfield?
To live comfortably in Richfield, North Carolina, a minimum annual income of $52,200 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Richfield?
Richfield, NC is a great place to live for those on a budget. The cost of living in this small town is much less than larger cities and towns. Housing prices are low, with the median home value being around $84,000, and rental prices ranging from $500 to $900 per month. Groceries are also relatively inexpensive, with the average grocery bill coming up to about $35 per week. Utilities in Richfield are also low, as the average electric bill for a two-bedroom apartment is around $80 per month. Overall, living in Richfield can offer great savings compared to many other places.
   Cost of living score
     CategoriesRichfieldNorth CarolinaUnited States
  81.191.0100.0
  96.396.5100
  110.6107.2100.0
  67.483.1100.0
  $272,600$289,300$338,100
  98.5%99.2%100.0%
  78.883.9100.0
  81.789.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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