Similar to other places in this area, it is a lot less expensive compared to the United States as a whole. Compared to the city of Twin Falls however, it's a little less expensive.
Home prices
Richfield's median home price is $126,500. In comparison to nearby areas this is roughly $5,600 (4%) higher.In comparison to the nation as a whole it is approximately $91,000 (41%) lower, and it is about $35,500 (21%) lower compared to the city of Twin Falls.
Rents
Richfield's median rent is $611 per month. This is roughly $114 (15%) lower compared to other places in this area.Compared to the rest of the country it is roughly $451 (42%) lower, and compared to the city of Twin Falls it is about $207 (25%) lower.
Nearby places
Dietrich
Dietrich is roughly 10 miles southwest of Richfield. Its real estate prices are significantly less expensive. The median home in Dietrich is valued at $88,300, which works out to $38,200 (43%) lower than Richfield. Rent there is a little more expensive. The median monthly rent in Dietrich is $842, which comes out to $231 (27%) higher than Richfield.
Shoshone
Shoshone is about 13 miles southwest from Richfield. Its housing prices are a little less expensive. Shoshone's median home price is $115,000, which works out to $11,500 (10%) lower than Richfield. The rent there is somewhat more expensive. Shoshone's median rent is $675 per month, which is $64 (9%) higher than Richfield.
Carey
Carey is roughly 18 miles northeast from Richfield. Its housing prices are significantly more expensive. The median home in Carey costs $189,200, which comes out to $62,700 (33%) higher than Richfield. The rent there is a little more expensive. The median monthly rent in Carey is $733, which is $122 (16%) higher than Richfield.
Gooding
Gooding is roughly 25 miles west of Richfield. Its housing prices are significantly less expensive. Gooding's median home cost is $83,200, which comes out to $43,300 (52%) lower than Richfield. Rent there is pretty similar. Gooding's median monthly rent is $597, which comes out to $14 (2%) lower than Richfield.
Jerome
Jerome is about 26 miles southwest from Richfield. Housing prices there are fairly similar. The value of the median home in Jerome is $128,800, which works out to $2,300 (1%) higher than Richfield. Rent there is a bit more expensive. In Jerome the median rent is $779 per month, which works out to $168 (21%) higher than Richfield.
