Housing costs in Richmond City?
A typical home costs
$316,300, which is 6.4% less expensive than the national average of
$338,100 and 7.8% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Richmond City costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 4.5% cheaper than the state average of
$1,400.
Can I afford Richmond City?
To live comfortably in Richmond City Virgi County, Virginia, a minimum annual income of
$60,480 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Richmond City?
Richmond city, VA County is a wonderful place to call home. With a house median value of $316300, it's an affordable option when compared to the US average house value of $338,100. The cost of living in Richmond city, VA County is also quite reasonable at 95.2 compared to the US average cost of living which is 100. This means that residents can expect to pay slightly less than the national average for goods and services like housing, utilities, transportation and healthcare. Overall, Richmond city has an attractive combination of reasonably priced homes and low cost of living that makes it an appealing place for those looking for a new home or just wanting to escape the hustle and bustle of city life.