Cost of Living in Richmond West, FL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

173.6

100 = national avg

+73.6 vs national average

Living Wage (1 Adult)

$76,386

per year

Living Wage (Family of 4)

$180,549

per year

Cost Index by Category

Housing
242.2
Food
123.6
Transportation
147.2
Healthcare
118.9
Utilities
142.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,995

per month

2 Bedroom

$2,436

per month

The overall cost of living index in Richmond West is 173.6, which is 73.6% above the national average. Housing costs are above the national average at an index of 242.2. A single adult needs to earn approximately $76,386 per year to cover basic expenses.