What is the cost of living in Richmond Heights, FL?
According to the most recent data on the cost of living, Richmond Heights has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Florida, Richmond Heights has a cost of living index that's 1.1x higher than Florida's index of 104.
The standard of living in Richmond Heights ranks as #234 most affordable out of the 462 places we measured in Florida. By definition, that implies Richmond Heights ranks as the #228 most expensive place in the Sunshine State.
For more reading on life in Richmond Heights, check out:
Richmond Heights Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Richmond Heights. Here is how it fares on each of the criteria:
The Services index in Richmond Heights is 100.
The Groceries index in Richmond Heights is 103.
The Health index in Richmond Heights is 128.
The Housing index in Richmond Heights is 98.
The Transportation index in Richmond Heights is 107.
The Utilities index in Richmond Heights is 107.
| Living Expense | Richmond Heights | Florida | National Average |
|---|---|---|---|
| Overall | 111 | 104 | 100 |
| Services | 100 | 101 | 100 |
| Groceries | 103 | 105 | 100 |
| Health | 128 | 99 | 100 |
| Housing | 98 | 104 | 100 |
| Transportation | 107 | 109 | 100 |
| Utilities | 107 | 105 | 100 |
Richmond Heights Cost Of Living Compared To Florida Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Florida, check out:
Protect your home budget Compare home warranties in Richmond Heights Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Richmond Heights, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Richmond Heights is $395,647.
The Median Rent in Richmond Heights is $1,801.
The Median Income in Richmond Heights is $67,606.
The Home Value To Income in Richmond Heights is 5.9x.
The Rent To Monthly Income in Richmond Heights is 0.32x.
| Statistic | Richmond Heights | Florida | United States |
|---|---|---|---|
| Median Home Value | $395,647 | $375,661 | $332,700 |
| Median Rent | $1,801 | $1,669 | $1,413 |
| Median Income | $67,606 | $74,568 | $80,734 |
| Home Value To Income | 5.9x | 5.0x | 4.1x |
| Rent To Monthly Income | 0.32x | 0.27x | 0.21x |
Richmond Heights, FL Costs By Category
Detailed Richmond Heights Services costs vs. Florida
| Item | Richmond Heights | Florida |
|---|---|---|
| Shampoo | $1.53 | $1.28 |
| Movie | $14.35 | $12.13 |
| Bowling | $23.67 | $18 |
| Haircut | $20.53 | $24.26 |
| Beauty Salon | $88.07 | $45.56 |
Detailed Richmond Heights Groceries costs vs. Florida
| Item | Richmond Heights | Florida |
|---|---|---|
| Ground Beef | $6.11 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.6 | $4.67 |
| Potatoes | $5.24 | $4.93 |
| Pizza | $14.13 | $12.09 |
| Beer | $11.44 | $10.41 |
| Toothpaste | $3.51 | $3.7 |
Detailed Richmond Heights Health costs vs. Florida
| Item | Richmond Heights | Florida |
|---|---|---|
| Optometrist | $98.49 | $125.68 |
| Doctor | $127.08 | $135.78 |
| Dentist | $107.83 | $113.29 |
Detailed Richmond Heights Transportation costs vs. Florida
| Item | Richmond Heights | Florida |
|---|---|---|
| Gasoline | $3.49 | $3.46 |
| Tire Balancing | $64.09 | $59.92 |
Detailed Richmond Heights Utilities costs vs. Florida
| Item | Richmond Heights | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
Richmond Heights SnackAbility
Cost Of Living In Cities Around Richmond Heights
The cost of living varies in the cities and towns around Richmond Heights. Here's a quick look at the cost of living in the most populous nearby places:
Kendall, FL has a cost of living index of 129, 1.2x Richmond Heights.
Kendale Lakes, FL has a cost of living index of 120, 1.1x Richmond Heights.
Coral Gables, FL has a cost of living index of 191, 1.7x Richmond Heights.
| City | Population | Cost Of Living | Vs. Richmond Heights |
|---|---|---|---|
| Kendall, FL | 79,562 | 129 | 1.2x |
| Kendale Lakes, FL | 52,622 | 120 | 1.1x |
| Coral Gables, FL | 49,802 | 191 | 1.7x |
| Tamiami, FL | 49,752 | 126 | 1.1x |
| Cutler Bay, FL | 45,070 | 123 | 1.1x |
| South Miami Heights, FL | 38,766 | 114 | 1.0x |
| Richmond West, FL | 35,593 | 133 | 1.2x |
| Miami Lakes, FL | 31,553 | 134 | 1.2x |
| Coral Terrace, FL | 24,895 | 128 | 1.2x |
| Palmetto Bay, FL | 24,639 | 154 | 1.4x |
