Housing costs in Richmond Heights?
A typical home costs
$308,700, which is 8.7% less expensive than the national average of
$338,100 and 45.4% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Richmond Heights costs
$1,100 per month, which is 15.8% more than the national average of
$950 and 10.0% more than the state average of
$990.
Can I afford Richmond Heights?
To live comfortably in Richmond Heights (zip 63117), Missouri, a minimum annual income of
$59,040 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Richmond Heights?
The cost of living in 63117 Richmond Heights, MO is relatively affordable. According to the Missouri Economic Research & Information Center, the overall cost of living index is 92.4—nearly 8 points below the national average. Prices for groceries, healthcare, and transportation are also lower than most other cities. Despite these lower costs, Richmond Heights has plenty of amenities, including numerous restaurants and shops. Property taxes are also reasonable in 63117 Richmond Heights, MO—about 1% lower than the national average. All this makes Richmond Heights a great place to live for those looking for a budget-friendly home without sacrificing convenience and amenities.