Richmond Heights, MO, shows a cost of living index that is slightly below the nationwide average. Housing costs 15% less, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are close to the national average, with some minor variations. This makes Richmond Heights a potentially more affordable option for those considering relocation.
Richmond Heights, MO, presents a cost of living that is notably lower than the nationwide average. The housing index in Richmond Heights stands at 85, which is 15% lower than the national average. This suggests that housing costs in Richmond Heights are more affordable, making it an attractive option for those looking to save on their living expenses.
Additionally, the transportation index in Richmond Heights is 95, which is 5% lower than the national average. This indicates that commuting and other transportation-related costs are also slightly below the national average. Groceries, utilities, and miscellaneous expenses also show a similar trend, with indices of 95, 90, and 92, respectively, all being slightly below the national average of 100. Healthcare costs, however, match the national average, standing at 100. Overall, Richmond Heights offers a cost of living that is generally more favorable compared to the national average.