Richfield, WI Cost Of Living

The latest cost of living statistics for Richfield. Includes statistics on rent, mortgages, healthcare, and other costs for Richfield compared to the state and national averages.

Cost of living in Richfield, Wisconsin

Cost of living in Richfield 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 Richfield is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Wisconsin, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

116 Cost of living index 1.2x higher vs US
#131 Cheapest in Wisconsin (of 146)
#4,066 Cheapest in the U.S. (of 6,489)
$560,142 Median home value
$1,388 Median rent
$143,963 Median income
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What is the cost of living in Richfield, WI?

According to the most recent data on the cost of living, Richfield has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.

Compared to Wisconsin, Richfield has a cost of living index that's 1.2x higher than Wisconsin's index of 98.

The standard of living in Richfield ranks as #131 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Richfield ranks as the #15 most expensive place in the Badger State.

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Richfield Cost Of Living Vs. Wisconsin

Six factors go into calculating the cost of living index in Richfield. Here is how it fares on each of the criteria:

  • The Services index in Richfield is 102.

  • The Groceries index in Richfield is 98.

  • The Health index in Richfield is 163.

  • The Housing index in Richfield is 93.

  • The Transportation index in Richfield is 101.

  • The Utilities index in Richfield is 95.

Living Expense Richfield Wisconsin National Average
Overall 116 98 100
Services 102 98 100
Groceries 98 100 100
Health 163 91 100
Housing 93 99 100
Transportation 101 102 100
Utilities 95 100 100

Richfield Cost Of Living Compared To Wisconsin Averages

Services
Richfield 102
Wisconsin avg 98
Groceries
Richfield 98
Wisconsin avg 100
Health
Richfield 163
Wisconsin avg 91
Housing
Richfield 93
Wisconsin avg 99
Transportation
Richfield 101
Wisconsin avg 102
Utilities
Richfield 95
Wisconsin avg 100

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Wisconsin, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Richfield, WI Housing Cost Breakdown

$560,142Median Home Value
$1,388Median Rent
$143,963Median Income

Housing swings affordability the most between places in Wisconsin, 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 Richfield is $560,142.

  • The Median Rent in Richfield is $1,388.

  • The Median Income in Richfield is $143,963.

  • The Home Value To Income in Richfield is 3.9x.

  • The Rent To Monthly Income in Richfield is 0.12x.

Statistic Richfield Wisconsin United States
Median Home Value $560,142 $330,171 $332,700
Median Rent $1,388 $1,087 $1,413
Median Income $143,963 $77,485 $80,734
Home Value To Income 3.9x 4.3x 4.1x
Rent To Monthly Income 0.12x 0.17x 0.21x

Richfield, WI Costs By Category

Detailed Richfield Services costs vs. Wisconsin
Item Richfield Wisconsin
Shampoo $1.07 $1.28
Movie $10.26 $12.13
Bowling $10.03 $18
Haircut $20.21 $24.26
Beauty Salon $33.25 $45.56
Detailed Richfield Groceries costs vs. Wisconsin
Item Richfield Wisconsin
Ground Beef $6.05 $5.84
Fried Chicken $1.46 $1.57
Milk $4.55 $4.67
Potatoes $4.1 $4.93
Pizza $11.33 $12.09
Beer $8.52 $10.41
Toothpaste $3.66 $3.7
Detailed Richfield Health costs vs. Wisconsin
Item Richfield Wisconsin
Optometrist $278.65 $125.68
Doctor $223.73 $135.78
Dentist $106.79 $113.29
Detailed Richfield Transportation costs vs. Wisconsin
Item Richfield Wisconsin
Gasoline $3.3 $3.46
Tire Balancing $44.14 $59.92
Detailed Richfield Utilities costs vs. Wisconsin
Item Richfield Wisconsin
All Electricity $182.69 $193.99
Phone $185.79 $192.25

Richfield SnackAbility

6Overall SnackAbility
Jobs 9.5/10
Housing 8.5/10
Affordability 8.5/10
Diversity 4/10
SafetyN/A
Amenities 6/10
Education 9/10
Commute 6/10

Cost Of Living In Cities Around Richfield

The cost of living varies in the cities and towns around Richfield. Here's a quick look at the cost of living in the most populous nearby places:

  • Wauwatosa, WI has a cost of living index of 110, 0.9x Richfield.

  • Brookfield, WI has a cost of living index of 120, 1.0x Richfield.

  • Menomonee Falls, WI has a cost of living index of 111, 1.0x Richfield.

City Population Cost Of Living Vs. Richfield
Wauwatosa, WI 48,529 110 0.9x
Brookfield, WI 41,273 120 1.0x
Menomonee Falls, WI 39,539 111 1.0x
Mequon, WI 25,270 128 1.1x
Oconomowoc, WI 19,080 111 1.0x
Hartford, WI 15,821 100 0.9x
Whitefish Bay, WI 14,665 127 1.1x
Cedarburg, WI 12,605 116 1.0x
Sussex, WI 12,066 112 1.0x
Hartland, WI 9,972 113 1.0x