Richmond, UT, offers a cost of living that is 96% of the nationwide average. This balance makes it an attractive option for those seeking a lower cost of living without sacrificing too many comforts. Compared to the national average of 100, Richmond's housing is slightly below at 95, while groceries and transportation are close to average at 98 and 97, respectively. Utilities, however, slightly exceed the average at 102, and healthcare is notably lower at 88. Miscellaneous expenses stand at 90, rounding out the overall index.
Richmond, UT, presents a cost of living that is notably close to the national average. Housing, for example, costs about 95% of the national average. This means that housing in Richmond is slightly cheaper than the typical U.S. city. When it comes to groceries, Richmond residents spend around 98% of the average amount nationwide. This suggests that the cost of food here is quite close to what people pay in most other parts of the country.
When looking at utilities, Richmond residents spend a bit more, at 102% of the national average. This means the cost of electricity, gas, and other utilities is marginally higher here. Transportation costs are slightly lower at 97%, offering a small saving compared to the average U.S. city. Healthcare costs in Richmond are 88% of the national average, indicating lower expenses in this area. Lastly, miscellaneous costs, such as entertainment and personal care, stand at 90% of the national average, which is also slightly below the national norm. Overall, Richmond provides a cost of living that is quite competitive with the nationwide average in many key areas.
