Richland, NJ Cost of Living


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Richland cost of living score
93.9
Less expensive
6.1% lower
than the US average
21.6% lower
than the New Jersey average
Richland, New Jersey gets a BestPlaces Cost of Living score of 93.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.1% lower than the U.S. average and 21.6% lower than the average for New Jersey.

Richland, NJ

Housing costs in Richland?
A typical home costs $0, which is 100.0% less expensive than the national average of $338,100 and 100.0% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Richland costs $1,510 per month, which is 5.6% more than the national average of $1,430 and 13.2% cheaper than the state average of $1,710.

Can I afford Richland?
To live comfortably in Richland, New Jersey, a minimum annual income of $48,960 for a family, and $48,000 for a single person is recommended.

What does A.I. say about Richland?
The cost of living in Richland, NJ is significantly higher than the US average. According to data from the US Census Bureau, the median house value in Richland is $525,700, which is much higher than the US average of $338,100. This indicates that living expenses in Richland are higher than other parts of the country on things like housing costs. Additionally, the cost of living index for Richland is also higher than the US national average of 100. This means that overall, the cost of living is more expensive in Richland compared to other places across America.
   Cost of living score
     CategoriesRichlandNew JerseyUnited States
  93.9119.8100.0
   105.8100
Health 96.9100

   100=National Average

   Average Rent by Bedroom Size
Crime
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