Housing costs in New Richmond?
A typical home costs
$243,600, which is 28.0% less expensive than the national average of
$338,100 and 23.7% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in New Richmond costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 5.4% cheaper than the state average of
$980.
Can I afford New Richmond?
To live comfortably in New Richmond, Ohio, a minimum annual income of
$46,800 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about New Richmond?
New Richmond, OH is a great place to live due to its affordable cost of living. Compared to the national average, the cost of living in New Richmond is much lower. Property taxes are lower than the national median, and housing costs are almost 25% lower than the national average. Additionally, food and health care costs are both significantly below the national averages as well. All these factors combined make New Richmond an incredibly attractive destination for those looking for an affordable place to live.