Richmond Heights, MO Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Richmond Heights, MO Summary

Cost of living in Richmond Heights research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Richmond Heights is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Missouri, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Richmond Heights is 100, with 100 being the average.

  • The cost of living index in Richmond Heights is 1.0x lower than the national average.

  • Richmond Heights ranks as the #117 cheapest in Missouri out of 143.

  • Richmond Heights ranks as the #3,149 cheapest out of 6,412 in the US.

  • The median home value in Richmond Heights is $280,600.

  • The median income in Richmond Heights is $95,972.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
100
Richmond Heights's Overall Cost Of Living
1.0x
Lower Than The National Average

What is the cost of living in Richmond Heights, MO?

According to the most recent data on the cost of living, Richmond Heights has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.

Compared to Missouri, Richmond Heights has a cost of living index that's 1.1x higher than Missouri's index of 89.

The standard of living in Richmond Heights ranks as #117 most affordable out of the 143 places we measured in Missouri. By definition, that implies Richmond Heights ranks as the #26 most expensive place in the Show Me State.

For more reading on life in Richmond Heights, check out:

117 out of 143
In Missouri
3,149 out of 6,412
In America

Richmond Heights Cost Of Living Vs. Missouri

Six factors go into calculating the cost of living index in Richmond Heights. Here is how it fairs on each of the criteria:

  • The Services index in Richmond Heights is 93.

  • The Groceries index in Richmond Heights is 103.

  • The Health index in Richmond Heights is 88.

  • The Housing index in Richmond Heights is 117.

  • The Transportation index in Richmond Heights is 91.

  • The Utilities index in Richmond Heights is 96.

Living Expense Richmond Heights Missouri National Average
Overall 100 89 100
Services 93 92 100
Groceries 103 96 100
Health 88 88 100
Housing 117 79 100
Transportation 91 95 100
Utilities 96 95 100
For more reading on cost of living around Missouri, check out:
Richmond Heights Cost of Living Vs. MO

Richmond Heights, MO Housing Cost Breakdown

Housing swings affordability the most between places in Missouri, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Richmond Heights is $280,600.

  • The Median Rent in Richmond Heights is $1,260.

  • The Median Income in Richmond Heights is $95,972.

  • The Home Value To Income in Richmond Heights is 2.9x.

  • The Rent To Monthly Income in Richmond Heights is 0.16x.

Statistic Richmond Heights Missouri United States
Median Home Value $280,600 $171,800 $244,900
Median Rent $1,260 $886 $1,163
Median Income $95,972 $61,043 $69,021
Home Value To Income 2.9x 2.8x 3.5x
Rent To Monthly Income 0.16x 0.17x 0.2x
Search Homes For Sale In Richmond Heights, MO
$280,600
Median Home Value
$1,260
Median Rent
$95,972
Median Income

Richmond Heights, MO Costs By Category

Detailed Richmond Heights Services Costs Vs. Missouri

Item Richmond Heights Missouri
Shampoo $1.1 $1.06
Movie $9.81 $10.68
Bowling $15.64 $14.67
Haircut $17.58 $18.62
Beauty Salon $38.54 $39.05

Detailed Richmond Heights Groceries Costs Vs. Missouri

Item Richmond Heights Missouri
Ground Beef $4.13 $4.22
Fried Chicken $1.67 $1.39
Milk $1.86 $2.05
Potatoes $2.98 $3.29
Pizza $9.9 $10.62
Beer $9.38 $9.38
Toothpaste $2.36 $2.34

Detailed Richmond Heights Health Costs Vs. Missouri

Item Richmond Heights Missouri
Optometrist $76.71 $108.57
Doctor $75.53 $116.17
Dentist $98.39 $99.13

Detailed Richmond Heights Transportation Costs Vs. Missouri

Item Richmond Heights Missouri
Gasoline $2.03 $2.22
Tire Balancing $41.83 $50.07

Detailed Richmond Heights Utilities Costs Vs. Missouri

Item Richmond Heights Missouri
All Electricity $149.35 $167.67
Phone $193.9 $175.64

Richmond Heights SnackAbility

7.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8
Diversity
8
Safety
4
Amenities
8.5
Education
9.5
Commute
8.5

Cost Of Living In Cities Around Richmond Heights

The cost of living varies in the cities and towns around Richmond Heights. Here's a quick look at the cost of living in the most populous nearby places:

  • Chesterfield, MO has a cost of living index of 117, 1.2x Richmond Heights.

  • Wildwood, MO has a cost of living index of 118, 1.2x Richmond Heights.

  • Ballwin, MO has a cost of living index of 103, 1.0x Richmond Heights.

City Population Cost Of Living Vs. Richmond Heights
Chesterfield, MO 49,675 117 1.2x
Wildwood, MO 35,384 118 1.2x
Ballwin, MO 30,998 103 1.0x
Kirkwood, MO 29,233 107 1.1x
Collinsville, IL 24,627 90 0.9x
Webster Groves, MO 23,817 105 1.1x
Clayton, MO 16,905 144 1.4x
Fairview Heights, IL 16,601 87 0.9x
Swansea, IL 15,037 94 0.9x
Town and Country, MO 11,440 151 1.5x

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