Cost of Living in Richland County, Wisconsin

$786/mo
Median Monthly Rent
$182,800
Median Home Value
12% below state averageUnaffordable

At a Glance

Median Monthly Rent
$786/mo
12% below state average
Median Home Value
$182,800
35% below national
Rent-to-Income Ratio
25.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Richland County Compares

Median monthly rent comparison

Richland County$786/mo
Wisconsin Average$891/mo
National Median$1,163/mo

Detailed Housing Stats

$786/mo
Median Gross Rent
$182,800
Median Home Value
$930/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Richland County, Wisconsin

Richland balances low income with low rents

Richland County's rent-to-income ratio of 15.1% sits slightly above the national average, though the median household income of $62,649 falls 16.2% below the U.S. average. Low rents of $786/month partially offset income challenges.

Richland ranks solidly among state affordability

At 15.1%, Richland's rent-to-income ratio sits just above Wisconsin's state average of 14.9%, positioning the county in the middle range. The median rent of $786/month runs $105 below the state average, offering meaningful relief.

Richland rents beat most comparisons

Richland's median rent of $786/month ranks among the lowest in this group, undercut only by Price County ($801). Homeowners benefit similarly, paying $930/month—well below the regional average.

Low costs offset lower incomes

Renters spend $786/month while homeowners pay $930/month on housing in Richland, both among the region's lowest costs. The median income of $62,649 means housing consumes 15.1% of renters' budgets and 17.8% for homeowners—manageable despite lower wages.

Richland offers rural affordability balance

If you're relocating from a high-cost area but don't require high local wages, Richland delivers genuine affordability at $786/month rent. The median home value of $182,800 and low housing costs make this county ideal for remote workers or retirees seeking rural living.

Affordability Calculator

See how your income compares to housing costs in Richland County

$

Rent Burden

15.1%

of gross income

Max Housing (28% Rule)

$1,462

per month

Owner Cost Burden

17.8%

of gross income

You can likely afford the median home in Richland County

Median home value is $182,800. Estimated monthly cost: $1,459 vs. your max of $1,462.

Rent Affordability Guide

Your rent-to-income ratio15.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Richland County, Wisconsin?
Richland County, Wisconsin has a median monthly rent of $786/mo and a median home value of $182,800. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Richland County?
The median gross rent in Richland County is $786/mo. This is 12% below state average for Wisconsin.
Is Richland County affordable?
Richland County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Richland County's rent compare to the state average?
Richland County's median rent of $786/mo is 12% below state average of $891/mo for Wisconsin.
What is the median home value in Richland County?
The median home value in Richland County, Wisconsin is $182,800. This is 35% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Richland County, Wisconsin? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Richland County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.