Housing costs in Richlands?
A typical home costs
$97,400, which is 71.2% less expensive than the national average of
$338,100 and 71.6% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Richlands costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 79.5% cheaper than the state average of
$1,400.
Can I afford Richlands?
To live comfortably in Richlands, Virginia, a minimum annual income of
$18,720 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Richlands?
Richlands, VA is an affordable place to live with a reasonable cost of living. The median home price in Richlands is approximately $120,000 and the median family income is about $39,000 per year. Renters typically pay around $750-900 for a 2-bedroom rental property in town. Utilities are generally quite affordable as well, ranging from $100-$200 per month on average depending upon usage. Food costs are also relatively low for a small town offering many options to choose from including grocery stores, restaurants, and fast food places. There is also no state sales tax in Virginia which adds additional savings all around.