Housing costs in Richmond?
A typical home costs
$447,400, which is 32.3% more expensive than the national average of
$338,100 and 29.8% more expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Richmond costs
$1,440 per month, which is 0.7% more than the national average of
$1,430 and 10.4% more than the state average of
$1,290.
Can I afford Richmond?
To live comfortably in Richmond, Vermont, a minimum annual income of
$85,680 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Richmond?
Richmond, VT is known for its affordable cost of living. The cost of living in Richmond is 8.5% lower than Vermont's average and 17.3% lower than the national average. It is a great place to live if you are on a limited budget as the area offers many services and amenities at an affordable rate. Groceries, healthcare, utilities, and general household expenses are all relatively low compared to other areas in the state or country. This makes it a great choice for people looking for an affordable place to live with access to necessary services and amenities.