Cost of living in Richland research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Richland is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Washington, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Richland is 106, with 100 being the average.
The cost of living index in Richland is 1.1x higher than the national average.
Richland ranks as the #37 cheapest in Washington out of 192.
Richland ranks as the #3,772 cheapest out of 6,412 in the US.
The median home value in Richland is $311,000.
The median income in Richland is $83,066.
According to the most recent data on the cost of living, Richland has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Washington, Richland has a cost of living index that's 0.9x lower than Washington's index of 115.
The standard of living in Richland ranks as #37 most affordable out of the 192 places we measured in Washington. By definition, that implies Richland ranks as the #155 most expensive place in the Evergreen State.
For more reading on life in Richland, check out:
Six factors go into calculating the cost of living index in Richland. Here is how it fairs on each of the criteria:
The Services index in Richland is 99.
The Groceries index in Richland is 103.
The Health index in Richland is 128.
The Housing index in Richland is 107.
The Transportation index in Richland is 113.
The Utilities index in Richland is 98.
Living Expense | Richland | Washington | National Average | |
---|---|---|---|---|
Overall | 106 | 115 | 100 | |
Services | 99 | 112 | 100 | |
Groceries | 103 | 109 | 100 | |
Health | 128 | 119 | 100 | |
Housing | 107 | 129 | 100 | |
Transportation | 113 | 116 | 100 | |
Utilities | 98 | 90 | 100 |
Housing swings affordability the most between places in Washington, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Richland is $311,000.
The Median Rent in Richland is $1,194.
The Median Income in Richland is $83,066.
The Home Value To Income in Richland is 3.7x.
The Rent To Monthly Income in Richland is 0.17x.
Statistic | Richland | Washington | United States |
---|---|---|---|
Median Home Value | $311,000 | $397,600 | $244,900 |
Median Rent | $1,194 | $1,439 | $1,163 |
Median Income | $83,066 | $82,400 | $69,021 |
Home Value To Income | 3.7x | 4.8x | 3.5x |
Rent To Monthly Income | 0.17x | 0.21x | 0.2x |
Item | Richland | Washington |
---|---|---|
Shampoo | $1.2 | $1.06 |
Movie | $10.86 | $10.68 |
Bowling | $17.73 | $14.67 |
Haircut | $17.73 | $18.62 |
Beauty Salon | $35.67 | $39.05 |
Item | Richland | Washington |
---|---|---|
Ground Beef | $3.57 | $4.22 |
Fried Chicken | $1.53 | $1.39 |
Milk | $2.7 | $2.05 |
Potatoes | $2.91 | $3.29 |
Pizza | $10.5 | $10.62 |
Beer | $9.96 | $9.38 |
Toothpaste | $2.38 | $2.34 |
Item | Richland | Washington |
---|---|---|
Optometrist | $157.25 | $108.57 |
Doctor | $183.13 | $116.17 |
Dentist | $118.93 | $99.13 |
Item | Richland | Washington |
---|---|---|
Gasoline | $2.48 | $2.22 |
Tire Balancing | $59.08 | $50.07 |
Item | Richland | Washington |
---|---|---|
All Electricity | $147.85 | $167.67 |
Phone | $196.92 | $175.64 |
The cost of living varies in the cities and towns around Richland. Here's a quick look at the cost of living in the most populous nearby places:
Kennewick, WA has a cost of living index of 101, 1.0x Richland.
Pasco, WA has a cost of living index of 100, 0.9x Richland.
Walla Walla, WA has a cost of living index of 98, 0.9x Richland.
City | Population | Cost Of Living | Vs. Richland |
---|---|---|---|
Kennewick, WA | 83,082 | 101 | 1.0x |
Pasco, WA | 76,398 | 100 | 0.9x |
Walla Walla, WA | 33,765 | 98 | 0.9x |
Hermiston, OR | 19,141 | 96 | 0.9x |
Pendleton, OR | 16,861 | 93 | 0.9x |
Sunnyside, WA | 16,343 | 93 | 0.9x |
West Richland, WA | 15,988 | 105 | 1.0x |
Grandview, WA | 10,894 | 91 | 0.9x |
Toppenish, WA | 8,843 | 91 | 0.9x |
Umatilla, OR | 7,224 | 90 | 0.8x |