Housing costs in Richmond?
A typical home costs
$183,800, which is 45.6% less expensive than the national average of
$338,100 and 13.4% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Richmond costs
$930 per month, which is 2.1% cheaper than the national average of
$950 and 24.7% cheaper than the state average of
$1,160.
Can I afford Richmond?
To live comfortably in Richmond (zip 64085), Missouri, a minimum annual income of
$35,280 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Richmond?
The cost of living in 64085 Richmond, MO is relatively low compared to the national average. Prices for housing, groceries, and utilities are all lower than the averages in other parts of the country. This is due in part to the low median household income in Richmond which is at around $40,000 a year. Furthermore, taxes are also lower than other areas making living here more affordable. All of these factors make 64085 Richmond an appealing place to live for those who are looking for a more comfortable lifestyle without breaking the bank.