Richmond (zip 01254), Massachusetts gets a BestPlaces Cost of Living index of 95.9, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 4.1 percent lower than the U.S. average and 24.8 percent lower than the average for Massachusetts.
A typical home costs $523,300, which is 54.8 percent more expensive than the national average of $338,100 and 6.1 percent less expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Richmond costs $2,170 per month, which is 51.7 percent more than the national average of $1,430 and close to the state average of $2,140.
To live comfortably in Richmond (zip 01254), Massachusetts, a minimum annual income of $100,440 for a family, and $66,800 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Richmond (zip 01254) is cheaper than the US average. A cost of living index above 100 means Richmond (zip 01254), Massachusetts is more expensive.
Richmond (zip 01254) cost of living is 95.9