Housing costs in Richmond?
A typical home costs
$268,400, which is 20.6% less expensive than the national average of
$338,100 and 19.6% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Richmond costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and 3.3% cheaper than the state average of
$1,250.
Can I afford Richmond?
To live comfortably in Richmond, Maine, a minimum annual income of
$51,480 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Richmond?
Richmond, ME is a small New England town located in the beautiful state of Maine. The cost of living in Richmond is relatively low compared to the rest of the region. Basic necessities such as groceries and gasoline are much cheaper than most other towns, making it an affordable place to live. Housing costs are also reasonable, with average rent prices being significantly lower than the national average. In addition, taxes are generally lower than other states in the area. All of this makes Richmond an ideal place for those looking for a more budget-friendly lifestyle.