Richmond Hill, GA Cost Of Living
Cost Of Living In Richmond Hill, GA Summary
Cost of living in Richmond Hill 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 Richmond Hill is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Georgia, 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 Richmond Hill is 108, with 100 being the average.
The cost of living index in Richmond Hill is 1.1x higher than the national average.
Richmond Hill ranks as the #123 cheapest in Georgia out of 158.
Richmond Hill ranks as the #3,467 cheapest out of 6,489 in the US.
The median home value in Richmond Hill is $423,592.
The median income in Richmond Hill is $89,910.
Table Of Contents
Richmond Hill's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Richmond Hill, GA?
According to the most recent data on the cost of living, Richmond Hill has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Georgia, Richmond Hill has a cost of living index that's 1.2x higher than Georgia's index of 91.
The standard of living in Richmond Hill ranks as #123 most affordable out of the 158 places we measured in Georgia. By definition, that implies Richmond Hill ranks as the #35 most expensive place in the Peach State.
For more reading on life in Richmond Hill, check out:
In Georgia
In America
Richmond Hill Cost Of Living Vs. Georgia
Six factors go into calculating the cost of living index in Richmond Hill. Here is how it fairs on each of the criteria:
The Services index in Richmond Hill is 98.
The Groceries index in Richmond Hill is 100.
The Health index in Richmond Hill is 108.
The Housing index in Richmond Hill is 130.
The Transportation index in Richmond Hill is 98.
The Utilities index in Richmond Hill is 91.
| Living Expense | Richmond Hill | Georgia | National Average | |
|---|---|---|---|---|
| Overall | 108 | 91 | 100 | |
| Services | 98 | 99 | 100 | |
| Groceries | 100 | 99 | 100 | |
| Health | 108 | 100 | 100 | |
| Housing | 130 | 85 | 100 | |
| Transportation | 98 | 92 | 100 | |
| Utilities | 91 | 86 | 100 | |
Richmond Hill, GA Housing Cost Breakdown
Housing swings affordability the most between places in Georgia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Richmond Hill is $423,592.
The Median Rent in Richmond Hill is $1,757.
The Median Income in Richmond Hill is $89,910.
The Home Value To Income in Richmond Hill is 4.7x.
The Rent To Monthly Income in Richmond Hill is 0.23x.
| Statistic | Richmond Hill | Georgia | United States |
|---|---|---|---|
| Median Home Value | $423,592 | $332,047 | $303,400 |
| Median Rent | $1,757 | $1,306 | $1,348 |
| Median Income | $89,910 | $74,664 | $78,538 |
| Home Value To Income | 4.7x | 4.4x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Richmond Hill, GA Costs By Category
Detailed Richmond Hill Services Costs Vs. Georgia
| Item | Richmond Hill | Georgia |
|---|---|---|
| Shampoo | $1.3 | $1.28 |
| Movie | $12.1 | $12.13 |
| Bowling | $22.4 | $18 |
| Haircut | $23.25 | $24.26 |
| Beauty Salon | $38.33 | $45.56 |
Detailed Richmond Hill Groceries Costs Vs. Georgia
| Item | Richmond Hill | Georgia |
|---|---|---|
| Ground Beef | $6.23 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.75 | $4.67 |
| Potatoes | $5.33 | $4.93 |
| Pizza | $14.38 | $12.09 |
| Beer | $10.13 | $10.41 |
| Toothpaste | $3.66 | $3.7 |
Detailed Richmond Hill Health Costs Vs. Georgia
| Item | Richmond Hill | Georgia |
|---|---|---|
| Optometrist | $93.17 | $125.68 |
| Doctor | $135.16 | $135.78 |
| Dentist | $142.17 | $113.29 |
Detailed Richmond Hill Transportation Costs Vs. Georgia
| Item | Richmond Hill | Georgia |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $57.68 | $59.92 |
Detailed Richmond Hill Utilities Costs Vs. Georgia
| Item | Richmond Hill | Georgia |
|---|---|---|
| All Electricity | $163.38 | $193.99 |
| Phone | $188.43 | $192.25 |
Richmond Hill SnackAbility
/10
Cost Of Living In Cities Around Richmond Hill
The cost of living varies in the cities and towns around Richmond Hill. Here's a quick look at the cost of living in the most populous nearby places:
Savannah, GA has a cost of living index of 95, 0.9x Richmond Hill.
Hinesville, GA has a cost of living index of 93, 0.9x Richmond Hill.
Pooler, GA has a cost of living index of 107, 1.0x Richmond Hill.
| City | Population | Cost Of Living | Vs. Richmond Hill |
|---|---|---|---|
| Savannah, GA | 147,546 | 95 | 0.9x |
| Hinesville, GA | 35,282 | 93 | 0.9x |
| Pooler, GA | 27,235 | 107 | 1.0x |
| Port Wentworth, GA | 11,997 | 103 | 1.0x |
| Georgetown, GA | 11,606 | 99 | 0.9x |
| Skidaway Island, GA | 8,907 | 143 | 1.3x |
| Whitemarsh Island, GA | 6,918 | 111 | 1.0x |
