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Cost of Living in Richmond, KY

77.2
Very Affordable · National average is 100

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$45,457
Median Income
$832/mo
Median Rent
$178,100
Median Home
34,883
Population

Cost Breakdown

🏠Housing
70
0Nat'l Avg (100)200
🛒Groceries
66
0Nat'l Avg (100)200
🚗Transportation
68.3
0Nat'l Avg (100)200
🏥Healthcare
67.5
0Nat'l Avg (100)200
⚡Utilities
79.5
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$649
est.
$732
est.
$832$1,065
est.
$1,215
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 Richmond with cities in the area

Berea, KY
Very Affordable
74.2
Winchester, KY
Very Affordable
74.9
Lancaster, KY
Very Affordable
68.5
Nicholasville, KY
Very Affordable
83
Irvine, KY
Very Affordable
60.7
Brodhead, KY
Very Affordable
62.8
Compare Richmond vs BereaCompare Richmond vs WinchesterCompare Richmond vs Lancaster