Housing costs in Richmond?
A typical home costs
$452,400, which is 33.8% more expensive than the national average of
$338,100 and 11.4% less expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Richmond costs
$950 per month, which is 25.8% cheaper than the national average of
$1,280 and 2.1% more than the state average of
$930.
Can I afford Richmond?
To live comfortably in Richmond (zip 84333), Utah, a minimum annual income of
$86,760 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Richmond?
The cost of living in 84333 Richmond, UT is relatively affordable compared to other cities in the US. According to BestPlaces, the cost of living index for Richmond is 75.88 out of 100 (where 100 represents the national average) which is below the national average. This means that essentials such as food, groceries, utilities and transportation are all reasonably priced. Additionally, rent prices in Richmond are significantly lower than surrounding cities and counties. On Zillow, the median listing price for homes is $159,000 while the median rent price for apartments or houses is just over $800 per month. All in all, 84333 Richmond provides its residents with a much lower cost of living than other cities in Utah.