Housing costs in Richmond Hill?
A typical home costs
$371,200, which is 9.8% more expensive than the national average of
$338,100 and 20.4% more expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Richmond Hill costs
$1,730 per month, which is 35.2% more than the national average of
$1,280 and 27.2% more than the state average of
$1,260.
Can I afford Richmond Hill?
To live comfortably in Richmond Hill (zip 31324), Georgia, a minimum annual income of
$71,280 for a family, and
$61,200 for a single person is recommended.
What does A.I. say about Richmond Hill?
Living in 31324 Richmond Hill, GA is relatively affordable compared to other cities in Georgia. The overall cost of living index is 86.7 which is lower than the state average of 94.2. Housing costs are especially reasonable with the median home price being approximately $118,000 and the median rent being around $950 per month. Groceries are also reasonably priced with an index score of 93.6 which is slightly higher than the national average of 92.4. Other expenses such as utilities and transportation also provide good savings opportunities for residents of this area with prices that are generally lower than the national average.