Zip 94805 (Richmond, CA) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Richmond, California?
$12,180 / month
for a family, 125.6% more expensive than the national average A total of $146,160 for the year for a family.
$5,933 / month
for a single person, 24.5% more expensive than the national average A total of $71,200 for the year for a single person.

Richmond cost of living score
174.9
More expensive
74.9% higher
than the US average
16.7% higher
than the California average
Richmond (zip 94805), California gets a BestPlaces Cost of Living score of 174.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 74.9% higher than the U.S. average and 16.7% lower than the average for California.

Zip 94805 (Richmond, CA)

Housing costs in Richmond?
A typical home costs $763,300, which is 125.8% more expensive than the national average of $338,100 and 4.1% more expensive than the average California home, at $733,500. Renting a two-bedroom unit in Richmond costs $2,170 per month, which is 0.9% more than the national average of $2,150 and 25.3% cheaper than the state average of $2,720.

Can I afford Richmond?
To live comfortably in Richmond (zip 94805), California, a minimum annual income of $146,160 for a family, and $71,200 for a single person is recommended.

What does A.I. say about Richmond?
The cost of living in 94805 Richmond, CA is higher than the US average. The cost of housing is particularly high with a median home value of $577,400, which is significantly higher than the national average of $184,700. Other costs such as groceries and utilities are also above the national average. The overall cost of living index for 94805 Richmond, CA is 132.5 with 100 being the national average, meaning it costs 32.5% more to live in the area than the US average.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRichmondCaliforniaUnited States
    Unlock149.9100.0
  110.0  Unlock100.0
    Unlock98.3100.0
  268.9  Unlock100.0
    Unlock$733,500$338,100
  89.7  Unlock100.0
    Unlock133.1100.0
  158.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.