Richfield, MN, shows a cost of living index that is 5% higher than the nationwide average. This increase is primarily driven by housing costs, which are 5% above the national average. Other categories like groceries, utilities, and transportation also contribute slightly to the overall higher cost of living.
Richfield, MN, shows a cost of living index that is slightly above the nationwide average. Housing costs in Richfield stand at 105, which is 5% higher than the national average. This means that housing expenses, such as rent or mortgage payments, are somewhat more expensive in Richfield compared to the average U.S. city.
Groceries, utilities, and miscellaneous costs in Richfield are slightly below the national average. Groceries have a cost of living index of 95, which is 5% lower. Utilities are at 98, which is 2% lower, and miscellaneous costs are at 97, which is 3% lower. Transportation costs are slightly higher, with an index of 102, which is 2% above the national average. Healthcare costs in Richfield match the national average, with an index of 100. Overall, Richfield offers a balanced cost of living with some areas being more affordable than others.
