Cost of Living in Richfield, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
113.5
100 = national avg
+13.5 vs national average
Living Wage (1 Adult)
$49,948
per year
Living Wage (Family of 4)
$118,059
per year
Cost Index by Category
Housing108.7
Food111.6
Transportation123.1
Healthcare109.2
Utilities108.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$705
per month
2 Bedroom
$925
per month
The overall cost of living index in Richfield is 113.5, which is 13.5% above the national average. Housing costs are above the national average at an index of 108.7. A single adult needs to earn approximately $49,948 per year to cover basic expenses.