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Cost of Living in Richfield, MN

105.6
Above Average · National average is 100

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$80,712
Median Income
$1,299/mo
Median Rent
$294,000
Median Home
36,809
Population

Cost Breakdown

🏠Housing
112.8
0Nat'l Avg (100)200
🛒Groceries
93.8
0Nat'l Avg (100)200
🚗Transportation
95.7
0Nat'l Avg (100)200
🏥Healthcare
104
0Nat'l Avg (100)200
⚡Utilities
105.2
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$1,013
est.
$1,143
est.
$1,299$1,663
est.
$1,897
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Richfield with cities in the area

Bloomington, MN
Above Average
113.5
Edina, MN
Very Expensive
155.9
Minneapolis, MN
Above Average
108.9
Burnsville, MN
Above Average
112.6
St. Louis Park, MN
Above Average
119.7
Hopkins, MN
Above Average
108.4
Compare Richfield vs BloomingtonCompare Richfield vs EdinaCompare Richfield vs Minneapolis