Cost of Living in Richfield, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
121.6
100 = national avg
+21.6 vs national average
Living Wage (1 Adult)
$53,516
per year
Living Wage (Family of 4)
$126,493
per year
Cost Index by Category
Housing134.5
Food109.9
Transportation119.9
Healthcare108.0
Utilities112.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$985
per month
2 Bedroom
$1,268
per month
The overall cost of living index in Richfield is 121.6, which is 21.6% above the national average. Housing costs are above the national average at an index of 134.5. A single adult needs to earn approximately $53,516 per year to cover basic expenses.