Housing costs in Richfield?
A typical home costs
$238,600, which is 29.4% less expensive than the national average of
$338,100 and 46.4% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Richfield costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 36.6% cheaper than the state average of
$1,120.
Can I afford Richfield?
To live comfortably in Richfield, Idaho, a minimum annual income of
$45,720 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Richfield?
The cost of living in Richfield, ID is quite reasonable. The median home price is around $150,000, which is significantly lower than the national average. The local economy is largely supported by farming and ranching, which allows for people to live on modest salaries. Most goods and services are reasonably priced and there are a lot of great deals to be found in the area. Overall, it's a great place to live if you're looking for a low-cost lifestyle without compromising quality of life.