Cost of Living in Richwood, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.2
100 = national avg
-11.8 vs national average
Living Wage (1 Adult)
$38,819
per year
Living Wage (Family of 4)
$91,753
per year
Cost Index by Category
Housing92.1
Food90.1
Transportation80.1
Healthcare92.1
Utilities92.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,125
per month
2 Bedroom
$1,433
per month
The overall cost of living index in Richwood is 88.2, which is 11.8% below the national average. Housing costs are below the national average at an index of 92.1. A single adult needs to earn approximately $38,819 per year to cover basic expenses.