Richfield, OH, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Richfield stands at 89, which is 11% lower than the average of 100. This makes Richfield an attractive option for those looking to manage living expenses effectively.
Specifically, housing costs in Richfield are 15% lower than the average, while groceries and utilities are just slightly below the average at 10% and 5% lower, respectively. Transportation, healthcare, and miscellaneous costs also remain competitive, with differences of 12%, 8%, and 13% below the national average, respectively.
Richfield, OH, presents a cost of living that is notably lower than the nationwide average. The housing index in Richfield stands at 85, which is 15% below the national average of 100. This suggests that housing costs in Richfield are more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, groceries in Richfield are priced at 90, which is only 10% below the national average. This indicates that food costs remain relatively close to the national average, offering a balanced option for budget-conscious consumers.
Utilities in Richfield are slightly above the national average, with an index of 95, representing a 5% increase. This modest rise means that while utilities are slightly more expensive, the difference is minimal. Transportation costs in Richfield, with an index of 88, are 12% below the national average, providing another advantage for those seeking to reduce their daily commuting expenses. Healthcare costs in Richfield are at 92, which is 8% below the national average, offering potential savings for residents. Lastly, miscellaneous costs, with an index of 87, are 13% below the average, further contributing to the overall lower cost of living in Richfield.
