Richfield, WI Cost Of Living

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

What is the cost of living in Richfield, WI?

According to the most recent data on the cost of living, Richfield has an overall cost of living index of 110 which is 1.1x higher than the national index of 100.

Compared to only Wisconsin, Richfield has a cost of living index that's 1.1x higher than Wisconsin's index of 96.

The standard of living in Richfield ranks as #4135 most affordable out of the 6522 places we measured in Wisconsin. By definition, that implies Richfield ranks as the #2271 most expensive place in the Badger State.

For more reading on life in Richfield, check out:

Richfield Cost Of Living Vs. Wisconsin

Living Expense Richfield Wisconsin National Average
Overall 110 96 100
Services 93 98 100
Groceries 93 97 100
Health 114 113 100
Housing 143 88 100
Transportation 102 100 100
Utilities 94 97 100
For more reading on cost of living around Wisconsin, check out:
Richfield Cost of Living Vs. WI

Richfield, WI Housing Cost Breakdown

Housing swings affordability the most between places in Wisconsin, 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.

Median Home Value
Median Rent
Median Income
Statistic Richfield Wisconsin United States
Median Home Value $294,500 $173,600 $204,900
Median Rent $1,128 $837 $1,023
Median Income $101,381 $59,209 $60,293
Home Value To Income 2.9x 2.9x 3.4x
Rent To Monthly Income 0.13x 0.17x 0.2x

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Cost Of Living In Cities Around Richfield

City Population Cost Of Living Vs. Richfield
Wauwatosa, WI 47,882 101 0.9x
Brookfield, WI 38,151 112 1.0x
Menomonee Falls, WI 36,784 102 0.9x
Mequon, WI 23,984 120 1.1x
Oconomowoc, WI 16,579 102 0.9x
Hartford, WI 14,761 94 0.9x
Whitefish Bay, WI 14,039 118 1.1x
Cedarburg, WI 11,501 104 0.9x
Sussex, WI 10,791 105 1.0x
Hartland, WI 9,260 106 1.0x

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