States › Virginia › Richlands

Is Richlands, VA expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$68761% lower than U.S. average
💵 Families earn per year (2026)$40,071about $3,339/month · 54% lower than U.S. average
🔑 House price$111,00067% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $27,480 a year. That is $13 an hour at a full-time job.

Is rent cheaper than other Virginia cities?

Yes. Rent here is cheaper than in most of Virginia. It is number 2 of 199 cities from cheapest to most expensive.

Richlands
$687
Big Stone Gap
$839
Falmouth
$1,971
Orange
$1,161
Bealeton
$1,642
Dulles Town Center
$2,790
Emporia
$1,329

How much do households earn in Richlands?

Under $25k
33.0%
$25k–50k
23.2%
$50k–100k
23.6%
$100k–150k
7.9%
$150k+
5.1%

Share of households by yearly income. 13.0% of households earn $100,000 or more.

Rent by apartment size in Richlands

SizeRichlandsU.S. average
1 bedroom$310$1,324
2 bedrooms$868$1,509
3 bedrooms$1,025$1,698
4 bedrooms$640$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Richlands overall?

Everyday prices in Virginia overall are 1% above the U.S. average (index 101.1, U.S. = 100).

Housing
107
Goods (food, clothes…)
100
Utilities
92
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 Richlands, so the Virginia figure is shown.

Taxes and bills in Richlands

🏛️ Property tax$796a year · 0.72% of home value · U.S. $3,119
⚡ Electric bill$244a month (typical) · U.S. $156

Life in Richlands

Commute to work27.9 minU.S.: 26.4 min
College degree13.5%U.S.: 35.7%
Own their home63.8%U.S.: 65.2%
Below poverty line30.2%U.S.: 12.5%
Unemployment5.5%U.S.: 5.2%

Is it cheaper to rent or buy in Richlands?

Renting is cheaper right now: about $83 a month less.

Renting
$687
Owning
$770

Owning assumes a typical $111,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $11,100 for the down payment.

Frequently asked questions

What is the average rent in Richlands, VA?

Renting in Richlands costs a median of about $687 a month in 2026, including utilities. The Virginia median is $2,049.

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

To keep rent under 30% of income, you need about $27,480 a year, or $13 an hour at a full-time job.

Is Richlands cheap or expensive?

Richlands is rated OK: rent takes 20.6% of the typical household income of $40,071. It ranks 2nd cheapest of 199 Virginia cities we track.

How much are property taxes in Richlands?

The median homeowner in Richlands pays $796 a year in property taxes, about 0.72% of the median home value.

Is Richlands more expensive than the national average?

Overall prices in Virginia are 1% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Richlands?

The median home value in Richlands is $111,000, about 2.8 times the typical yearly household income.

5,171 people live in Richlands. Numbers are typical (middle) values.