Similar to its surrounding areas, it's a lot less expensive compared to the rest of the country. Compared to the city of Kansas City, it is significantly less expensive.
Home prices
The median home in Rich Hill costs $57,300. It is is very similar compared to its surrounding areas.Compared to the United States as a whole it is approximately $160,200 (73%) lower, and it is roughly $97,300 (62%) lower in comparison to the city of Kansas City.
Rents
The median monthly rent in Rich Hill is $575. In comparison to nearby areas this is is very similar.In comparison to the rest of the nation it is about $487 (45%) lower, and compared to the city of Kansas City it is about $366 (38%) lower.
Nearby places
Hume
Hume is about 10 miles west of Rich Hill. Its real estate prices are a little more expensive. The cost of the median home in Hume is $70,000, which comes out to $12,700 (18%) higher than Rich Hill. Its rents are a bit more expensive. Hume's median rent is $800 per month, which is $225 (28%) higher than Rich Hill.
Butler
Butler is about 11 miles north from Rich Hill. Real estate prices there are somewhat more expensive. The median home in Butler is valued at $81,100, which works out to $23,800 (29%) higher than Rich Hill. Rents there are somewhat more expensive. Butler's median monthly rent is $642, which works out to $67 (10%) higher than Rich Hill.
Schell City
Schell City is about 12 miles southeast from Rich Hill. Real estate prices there are a bit less expensive. Schell City's median home cost is $48,600, which is $8,700 (17%) lower than Rich Hill. The rent there is substantially less expensive. In Schell City the median monthly rent is $375, which comes out to $200 (53%) lower than Rich Hill.
Rockville
Rockville is about 13 miles east from Rich Hill. Its real estate prices are a bit less expensive. The median home price in Rockville is $45,000, which is $12,300 (27%) lower than Rich Hill. Rents there are somewhat less expensive. In Rockville the median rent is $500 a month, which is $75 (14%) lower than Rich Hill.
Walker
Walker is roughly 15 miles southeast from Rich Hill. The real estate prices there are a little less expensive. The value of the median home in Walker is $44,400, which is $12,900 (29%) lower than Rich Hill. The rent there is a bit less expensive. Walker's median rent is $540 a month, which works out to $35 (6%) lower than Rich Hill.