Cost of Living in Richlands, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
71.2
100 = national avg
-28.8 vs national average
Living Wage (1 Adult)
$31,315
per year
Living Wage (Family of 4)
$74,016
per year
Cost Index by Category
Housing73.6
Food78.6
Transportation57.1
Healthcare82.9
Utilities81.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$732
per month
2 Bedroom
$914
per month
The overall cost of living index in Richlands is 71.2, which is 28.8% below the national average. Housing costs are below the national average at an index of 73.6. A single adult needs to earn approximately $31,315 per year to cover basic expenses.