Richmond is located in Vermont and has an overall cost of living that is +13% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Richmond.

Housing: Median rent in Richmond is $2,069 / month, and the median home price is $689,558. Housing costs are +29% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($4.33), milk ($5.02), and eggs ($4.95) reflect the local grocery landscape. Overall grocery costs are +6% vs the national average.

Healthcare: Medical costs include doctor visits ($171.67), dentist visits ($137.90), and prescription drugs ($24.85). These costs should be factored into your monthly budget when planning a move.

Vermont has a state income tax rate of 8.75%, which affects take-home pay for Richmond residents.

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Richmond, Vermont Cost of Living FAQ

Common questions about living costs in Richmond.

Richmond, Vermont has an overall cost of living that is +13% the national average. Housing costs are +29% vs the national average. Grocery prices are +6% vs average. Utilities are +13% vs average. This makes Richmond a relatively expensive city.

The median rent in Richmond, Vermont is $2,069 / month. Average energy bills run $248.75 / month. Phone bills average $221.91 / month. Housing is typically the largest expense for residents.

Healthcare costs in Richmond: doctor's visit averages $171.67, dentist visit averages $137.90, prescription drugs average $24.85. Overall healthcare expenses in the area are influenced by the +6% grocery cost difference.

Richmond is one of 13 cities tracked in Vermont. With an overall cost +13% vs the national average, it tends to be pricier than some smaller communities. Visit our Vermont state page to compare all cities side-by-side and find the best fit for your budget.

Richmond offers cost of living +13% compared to the national average. Key factors to consider: median home price of $689,558, rent of $2,069 / month, and a state income tax of 8.75% in Vermont. Explore our detailed cost breakdown above to see if Richmond fits your budget.