Cost of Living in Richmond, KY - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $841 (excluding rent), and $2,549 including rent.

Family of 3: Estimated monthly costs are $2,081 (excluding rent), and $4,770 including rent.

Meal at Budget Restaurant

$10.04 $10.04

$30.13 $30.13

Three-Course Dinner for Two, Mid-Range

$39.41 $39.41

$177 $177

Fast Food Meal (McDonalds, etc)

$7.94 $7.94

$9.93 $9.93

Cappuccino

$5.79 $5.79

$2.97 $2.97

$7.91 $7.91

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.47 $2.47

$1.47 $1.47

$2.94 $2.94

Water (0.33 liter bottle)

$2.35 $2.35

$1.47 $1.47

$2.94 $2.94

Local Beer (0.5 liter draught)

$6.49 $6.49

$4.49 $4.49

$7.98 $7.98

Imported Beer (0.33 liter bottle)

$6.41 $6.41

$4.10 $4.10

$7.69 $7.69

Milk (1 liter)

$1.02 $1.02

$0.88 $0.88

$1.29 $1.29

White Bread (500g)

$3.73 $3.73

$2.89 $2.89

$4.79 $4.79

Rice (white) (1kg)

$3.81 $3.81

$1.07 $1.07

$6.44 $6.44

Eggs

$3.77 $3.77

$1.74 $1.74

$5.98 $5.98

Local Cheese (1kg)

$10.11 $10.11

$6.11 $6.11

$22.19 $22.19

Chicken Fillets (1kg)

$8.66 $8.66

$4.91 $4.91

$15.24 $15.24

Beef Round Steak (1kg)

$15.94 $15.94

$11.12 $11.12

$26.50 $26.50

Apples (1kg)

$6.52 $6.52

$3.38 $3.38

$10.27 $10.27

Banana (1kg)

$1.39 $1.39

$1.07 $1.07

$1.73 $1.73

Oranges (1kg)

$2.65 $2.65

$1.01 $1.01

$8.20 $8.20

Tomato (1kg)

$5.26 $5.26

$3.25 $3.25

$6.56 $6.56

Potato (1kg)

$2.26 $2.26

$1.02 $1.02

$7.06 $7.06

Onion (1kg)

$4.68 $4.68

$2.21 $2.21

$6.86 $6.86

Lettuce (1 head)

$2.39 $2.39

$1.00 $1.00

$4.04 $4.04

Water (1.5 liter bottle)

$2.21 $2.21

$1.78 $1.78

$3.05 $3.05

Cigarettes 20 Pack (Marlboro, Camel)

$8.66 $8.66

$5.88 $5.88

$14.69 $14.69

Wine (Bottle)

$15.37 $15.37

$8.04 $8.04

$17.08 $17.08

Local Beer (0.5 liter bottle)

$1.87 $1.87

$1.76 $1.76

$3.63 $3.63

Imported Beer (0.33 liter bottle)

$2.96 $2.96

$1.44 $1.44

$5.66 $5.66

One-way Ticket (Public Transport)

$1.96 $1.96

$1.22 $1.22

$1.96 $1.96

Taxi Start (Normal Tariff)

$5.05 $5.05

$10.10 $10.10

Taxi (Normal Tariff) (1km)

$1.60 $1.60

$1.53 $1.53

$2.14 $2.14

Taxi 1hour Waiting (Normal Tariff)

$30.04 $30.04

$36.05 $36.05

Gasoline (1 liter)

$0.80 $0.80

$0.69 $0.69

$0.97 $0.97

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$30.1K $30.1K

$24.0K $24.0K

$36.9K $36.9K

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$25.8K $25.8K

$25.3K $25.3K

$26.5K $26.5K

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$242 $242

$104 $104

$356 $356

SIM Card Monthly Plan (Calls and 10GB+ Data)

$54.5 $54.5

$43.37 $43.37

$111 $111

Internet (50+ Mbps, Unlimited Data)

$67.7 $67.7

$44.96 $44.96

$99.9 $99.9

Gym Membership (Monthly)

$42.54 $42.54

$17.31 $17.31

$49.46 $49.46

Cinema Ticket

$14.45 $14.45

$11.96 $11.96

$16.63 $16.63

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,127 $1,127

$994 $994

$1,193 $1,193

International Primary School, 1 Child (Yearly)

$21.1K $21.1K

Jeans (Levis 501 Or Similar)

$55.1 $55.1

$23.03 $23.03

$90.1 $90.1

Summer Dress (H&M, Zara, etc)

$60.8 $60.8

$35.49 $35.49

$76.1 $76.1

Sport Shoes (Adidas, Nike)

$107 $107

$64.5 $64.5

$148 $148

Men's Leather Business Shoes

$120 $120

$39.69 $39.69

$178 $178

1-bedroom Apartment, City Center (Monthly)

$1,609 $1,609

$1,205 $1,205

$1,865 $1,865

1-bedroom Apartment, Outside City Center (Monthly)

$1,369 $1,369

$1,011 $1,011

$1,517 $1,517

3-bedroom Apartment, City Center (Monthly)

$2,675 $2,675

$2,034 $2,034

$3,051 $3,051

3-bedroom Apartment, Outside City Center (Monthly)

$2,184 $2,184

$1,671 $1,671

$2,457 $2,457

Buy Apartment in City Center (m2)

$1,911 $1,911

$1,906 $1,906

$1,917 $1,917

Buy Apartment Outside City Center (m2)

$1,888 $1,888

$1,882 $1,882

$1,893 $1,893

Average Monthly Net Salary (After Tax)

$3,536 $3,536

20-Year Fixed Mortgage Interest Rate (Annual %)

6.59

6.19

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update: March 1, 2026

Richmond, KY Median Internet Speeds (Updated December 2025)

Mobile

Mbps

Fixed Broadband

Mbps

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

City tags:

🌎 North america

Cost of Living in Richmond, KY - Frequently Asked Questions

Richmond, KY tends to be more affordable than major cities, especially for housing and everyday essentials. The value is clear for students, families, and remote workers who can leverage campus-adjacent neighborhoods or quiet residential streets. You'll find a mix of apartment options near the university and single-family homes in walkable areas, with dining and groceries offering diverse choices. Utilities and internet are reliable, helping you plan monthly budgets without surprises. Cost of Living in Richmond, KY reflects a sensible balance between price and quality, making it a solid choice for many travelers and long-term visitors. Tip: Consider how neighborhood choice affects your commute and daily costs.

Daily life in Richmond, KY blends small-city charm with practical options for housing, food, transport, and errands. Start by mapping neighborhoods around EKU or downtown to balance access and price, then tour a range of rentals – from studios to three-bedroom homes – to compare commute times and noise levels. For groceries, you'll find a mix of big-box stores, farmers markets, and local grocers. Co-working spaces and coffee shops kit out a flexible work day, while transit leans on car use and local buses. Richmond, KY living cost tends to stay steady with seasonal shifts in demand. Tip: plan grocery runs to align with market days.

Quality of life in Richmond, KY rewards careful budgeting and neighborhood fit. Use a simple framework: housing as your anchor, daily needs as a flexible slice, and occasional splurges as savings-buffer moments. Favor neighborhoods that shorten your commute, offer safety and walkability, and provide access to parks or campus events. Seasonality affects utility use and recreation choices, so plan for hotter summers and cooler winters with smart cooling strategies and layering. Cooking at home, buying in-season produce, and shopping local can reduce weekly costs without sacrificing flavor. Tip: build a monthly plan that accounts for variable weeks and predictable bills.