Housing costs in Richwood?
A typical home costs
$213,300, which is 36.9% less expensive than the national average of
$338,100 and 8.3% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Richwood costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Richwood?
To live comfortably in Richwood (zip 43344), Ohio, a minimum annual income of
$41,040 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Richwood?
The cost of living in 43344 Richwood, OH is relatively low compared to other areas in the United States. According to BestPlaces, the overall cost of living index is 83.2, which is lower than the national average of 100. This means that residents can enjoy a comfortable lifestyle at an affordable price. The median household income in Richwood is also below the national average, making it even easier to make ends meet and save money. As for housing costs, the median home value is just over $125,000 while the median rent price is close to $800 per month. Overall, Richwood offers a great quality of life with a low cost of living.