salaryRent is higher than in 51% of U.S. cities. A typical house costs about 3.5 years of household income. Commutes are short, about 17.9 minutes. It is a highly educated city: 76.6% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $67,240 a year. That is $32 an hour at a full-time job.
Is rent cheaper than other Missouri cities?
No. Rent here is more expensive than in most of Missouri. It is number 112 of 142 cities from cheapest to most expensive.
How much do households earn in Richmond Heights?
Share of households by yearly income. 40.6% of households earn $100,000 or more.
Rent by apartment size in Richmond Heights
| Size | Richmond Heights | U.S. average |
|---|---|---|
| Studio | $1,824 | $1,338 |
| 1 bedroom | $1,094 | $1,324 |
| 2 bedrooms | $2,045 | $1,509 |
| 3 bedrooms | $2,429 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Richmond Heights overall?
Everyday prices in Missouri overall are 9% below the U.S. average (index 90.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Richmond Heights, so the Missouri figure is shown.
Taxes and bills in Richmond Heights
Life in Richmond Heights
Is it cheaper to rent or buy in Richmond Heights?
Renting is cheaper right now: about $808 a month less.
Owning assumes a typical $358,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,870 for the down payment.
Frequently asked questions
What is the average rent in Richmond Heights, MO?
Renting in Richmond Heights costs a median of about $1,681 a month in 2026, including utilities. The Missouri median is $1,285.
How much do I need to make to live in Richmond Heights?
To keep rent under 30% of income, you need about $67,240 a year, or $32 an hour at a full-time job.
Is Richmond Heights cheap or expensive?
Richmond Heights is rated Cheap: rent takes 19.8% of the typical household income of $101,875. It ranks 112th cheapest of 142 Missouri cities we track.
How much are property taxes in Richmond Heights?
The median homeowner in Richmond Heights pays $4,660 a year in property taxes, about 1.30% of the median home value.
Is Richmond Heights more expensive than the national average?
Overall prices in Missouri are 9% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Richmond Heights?
The median home value in Richmond Heights is $358,700, about 3.5 times the typical yearly household income.
9,153 people live in Richmond Heights. Numbers are typical (middle) values.