Housing costs in Richford?
A typical home costs
$186,900, which is 44.7% less expensive than the national average of
$338,100 and 45.8% less expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Richford costs
$1,380 per month, which is 3.5% cheaper than the national average of
$1,430 and 6.5% more than the state average of
$1,290.
Can I afford Richford?
To live comfortably in Richford, Vermont, a minimum annual income of
$35,640 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Richford?
Richford, VT has a relatively low cost of living compared to many other parts of the country. According to BestPlaces, the cost of living index in Richford is 82.4, which is 18.6% lower than the national average. This means that items such as food, housing, utilities, transportation and healthcare are much more affordable compared to larger cities and towns throughout the United States. In addition, property taxes are also very low in Richford; with an effective real estate tax rate of 1.13%, residents have access to some of the most competitive taxes in Vermont. As a result, those looking for a place to live with an affordable cost of living should strongly consider Richford, VT as a potential destination.