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Cost of Living in Richmond, MN

74.3
Very Affordable · National average is 100

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$64,865
Median Income
$583/mo
Median Rent
$215,400
Median Home
1,329
Population

Cost Breakdown

🏠Housing
83.7
0Nat'l Avg (100)200
🛒Groceries
69.3
0Nat'l Avg (100)200
🚗Transportation
73.2
0Nat'l Avg (100)200
🏥Healthcare
62.8
0Nat'l Avg (100)200
⚡Utilities
76
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$455
est.
$513
est.
$583$746
est.
$851
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

Cold Spring, MN
Average
95.2
Eden Valley, MN
Very Affordable
74.2
Avon, MN
Very Affordable
84.7
Albany, MN
Very Affordable
72.3
Rockville, MN
Affordable
92.8
Paynesville, MN
Very Affordable
70.9
Compare Richmond vs Cold SpringCompare Richmond vs Eden ValleyCompare Richmond vs Avon