Richfield, ID Cost of Living


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How much do I need to live in Richfield, Idaho?
$3,810 / month
for a family, 29.4% less expensive than the national average A total of $45,720 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

Richfield cost of living score
83.6
Less expensive
16.4% lower
than the US average
20.8% lower
than the Idaho average
Richfield, Idaho gets a BestPlaces Cost of Living score of 83.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.4% lower than the U.S. average and 20.8% lower than the average for Idaho.

Richfield, ID

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.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRichfieldIdahoUnited States
  83.6105.5100.0
  91.194.4100
  108.6104.5100.0
  54.8136.8100.0
  $238,600$445,000$338,100
  92.489.3100
  86.581.6100.0
  71.079.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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