States › Wisconsin › Richfield

Is Richfield, WI expensive to live in?

CheapRent takes 12 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,53512% lower than U.S. average
💵 Families earn per year (2026)$155,264about $12,939/month · 78% higher than U.S. average
🔑 House price$503,40051% higher than U.S. average

Rent is lower than in 56% of U.S. cities. Household incomes are higher than in 91% of U.S. cities. A typical house costs about 3.2 years of household income. Most homes (97.2%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $61,400 a year. That is $30 an hour at a full-time job.

Is rent cheaper than other Wisconsin cities?

No. Rent here is more expensive than in most of Wisconsin. It is number 104 of 156 cities from cheapest to most expensive.

Richfield
$1,535
Little Chute
$1,729
Oregon
$1,287
DeForest
$1,565
Platteville
$877
Sussex
$1,737
Holmen
$1,367

How much do households earn in Richfield?

Under $25k
5.6%
$25k–50k
12.0%
$50k–100k
20.4%
$100k–150k
27.8%
$150k+
33.0%

Share of households by yearly income. 60.8% of households earn $100,000 or more.

How expensive is Richfield overall?

Everyday prices in Wisconsin overall are 6% below the U.S. average (index 94.1, U.S. = 100).

Housing
79
Goods (food, clothes…)
94
Utilities
90
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Richfield, so the Wisconsin figure is shown.

Taxes and bills in Richfield

🏛️ Property tax$4,811a year · 0.96% of home value · U.S. $3,119
⚡ Electric bill$229a month (typical) · U.S. $156

Life in Richfield

Commute to work28 minU.S.: 26.4 min
College degree52.3%U.S.: 35.7%
Own their home97.2%U.S.: 65.2%
Below poverty line4.8%U.S.: 12.5%
Unemployment1.3%U.S.: 5.2%

Is it cheaper to rent or buy in Richfield?

Renting is cheaper right now: about $1,958 a month less.

Renting
$1,535
Owning
$3,493

Owning assumes a typical $503,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $50,340 for the down payment.

Frequently asked questions

What is the average rent in Richfield, WI?

Renting in Richfield costs a median of about $1,535 a month in 2026, including utilities. The Wisconsin median is $1,305.

How much do I need to make to live in Richfield?

To keep rent under 30% of income, you need about $61,400 a year, or $30 an hour at a full-time job.

Is Richfield cheap or expensive?

Richfield is rated Cheap: rent takes 11.9% of the typical household income of $155,264. It ranks 104th cheapest of 156 Wisconsin cities we track.

How much are property taxes in Richfield?

The median homeowner in Richfield pays $4,811 a year in property taxes, about 0.96% of the median home value.

Is Richfield more expensive than the national average?

Overall prices in Wisconsin are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Richfield?

The median home value in Richfield is $503,400, about 3.2 times the typical yearly household income.

11,755 people live in Richfield. Numbers are typical (middle) values.