Housing costs in New Richmond?
A typical home costs
$238,000, which is 29.6% less expensive than the national average of
$338,100 and 20.8% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in New Richmond costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford New Richmond?
To live comfortably in New Richmond (zip 45157), Ohio, a minimum annual income of
$45,720 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about New Richmond?
The cost of living in 45157 New Richmond, OH is relatively low compared to other areas. The median home price is $179,000 with an average rental rate of $847 per month, making it an affordable option for those looking for a place to call home. Utilities such as electricity and gas are also reasonably priced, with an average monthly expense of approximately $140. Groceries tend to be slightly more expensive than the national average, but overall, the cost of living in New Richmond remains on the lower end when compared to nearby cities.