Richlands, VA Cost Of Living

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Updated: 2020-03-08
80
Richlands's Overall Cost Of Living
0.8x
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Richlands is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Richlands, VA?

According to the most recent data on the cost of living, Richlands has an overall cost of living index of 80 which is 0.8x lower than the national index of 100.

Compared to only Virginia, Richlands has a cost of living index that's 0.7x lower than Virginia's index of 107.

The standard of living in Richlands ranks as #226 most affordable out of the 6522 places we measured in Virginia. By definition, that implies Richlands ranks as the #6180 most expensive place in the Old Dominion.

Richlands Cost Of Living Vs. Virginia

Living Expense Richlands Virginia National Average
Overall 80 107 100
Services 94 99 100
Groceries 94 96 100
Health 99 97 100
Housing 52 130 100
Transportation 85 90 100
Utilities 86 100 100
For more reading on cost of living around Virginia, check out:
Richlands Cost of Living Vs. VA

Richlands, VA Housing Cost Breakdown

Housing swings affordability the most between places in Virginia, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$81,400
Median Home Value
$644
Median Rent
$30,149
Median Income
Statistic Richlands Virginia United States
Median Home Value $81,400 $264,900 $204,900
Median Rent $644 $1,202 $1,023
Median Income $30,149 $71,564 $60,293
Home Value To Income 2.7x 3.7x 3.4x
Rent To Monthly Income 0.26x 0.2x 0.2x

Richlands SnackAbility

3
/10
Overall SnackAbility
Jobs
4/10
Housing
4
Affordability
6
Diversity
4
Safety
5
Amenities
7
Education
4
Commute
8

Cost Of Living In Cities Around Richlands

City Population Cost Of Living Vs. Richlands
Bristol, TN 26,766 85 1.1x
Bristol, VA 16,843 85 1.1x
Bluefield, WV 10,022 78 1.0x
Abingdon, VA 8,020 90 1.1x
Wytheville, VA 8,000 90 1.1x
Pikeville, KY 6,967 92 1.1x
Princeton, WV 5,907 81 1.0x
Marion, VA 5,787 82 1.0x

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