DegreeCalc

College Cost Planning in Richmond, VT 2026

Estimate tuition, housing, financial aid, and payback using local planning benchmarks for Richmond, Vermont. Use the calculator to stress-test your net cost before borrowing.

Local Planning Model, Not a School Directory

DegreeCalc treats Richmond as an education-cost market for tuition, rent, aid, and payback planning. We do not publish synthetic or unverified institution names on this page. Before applying, verify specific schools with NCES College Navigator, College Scorecard, official catalogs, and each school's net price calculator.

Avg Public Tuition

$18,800

per year

Avg Private Tuition

$44,000

per year

Avg Rent Near Campus

$744

per month

Local Cost Market

1

benchmark points

Richmond Overview

Population

4,081

Student Population

1,871 (45.8%)

Cost of Living Index

113.9 (avg: 100)

Walk Score

50/100

Transit Score

12/100

Unemployment Rate

3%

College Cost Calculator for Richmond

Cost Inputs

Total Cost (4 Years, Public In-State)

$132,708

Total After Financial Aid

$132,708

Annual Cost

$33,177

Annual After Aid

$33,177

Cost Breakdown (4 Years)

Tuition$75,200
Room & Board$57,508

If Financed (10-Year Loan at 6.5%)

Loan Amount$132,708
Monthly Payment$1,507
Total Interest$48,117
Total Loan Cost$180,825

Education Cost Benchmarks in Richmond

These are city-level planning estimates for tuition, housing, aid, and student costs. Use them for budgeting, then verify specific schools with NCES College Navigator, College Scorecard, and the institution's own net price calculator.

Institution count

1

Public tuition

$18,800

Private tuition

$44,000

Community college

$5,423

Cost of Living in Richmond vs. National Average

CategoryRichmondNational AvgDifference
Public Tuition (In-State)$18,800$10,940+$7,860
Monthly Rent Near Campus$744$1,050-$306
Cost of Living Index113.9100+13.900000000000006

Richmond's cost of living is above the national average. Students should budget accordingly and consider off-campus housing options to reduce expenses.

Student Life in Richmond

50

Walk Score

Somewhat Walkable

12

Transit Score

Minimal Transit

45.8%

Student Population

1,871 students

Richmond has a total population of 4,081, with approximately 1,871 college students (45.8% of the population). As a major college town, Richmond offers a vibrant campus atmosphere with student-friendly businesses, affordable dining options, and active social scene.

Post-Graduation Outlook in Richmond

$39,209

Starting Salary

3%

Unemployment Rate

51%

Graduation Rate

~31.5 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Richmond earn a median starting salary of $39,209, which is $4,209 more per year the average high school graduate salary of $35,000. At the modeled net cost, the salary premium would take about 31.5 years to cover the investment. With average financial aid of $13,069 per student per year, the net cost can change materially by school and program.

Other Cities in Vermont

Methodology & Education Data Sources for Richmond

How we compile Richmond college data: Our institution profiles, tuition figures, and outcome data combine multiple federal datasets — primarily IPEDS (Integrated Postsecondary Education Data System), which all Title IV-eligible US colleges report to annually, and College Scorecard from the US Department of Education. Cost-of-attendance figures include published tuition, fees, room/board, books, and transportation per institutional reporting.

  1. Tuition data reflects published in-state and out-of-state rates per IPEDS for Richmond institutions, updated annually.
  2. Acceptance rates sourced from College Scorecard (most recent reporting cycle), reflecting first-year first-time freshman admissions.
  3. Earnings outcomes tracked 6-10 years post-enrollment per College Scorecard, comparing earnings to high school graduates ($30,200 baseline).
  4. Default rates: Cohort Default Rate (CDR) from US Dept of Education tracks 3-year repayment outcomes after entering repayment.
  5. Local context: Richmond's walk score, transit options, and cost of living affect total college expenses beyond tuition.

Authoritative US education data sources:

Education Disclaimer: College data reflects most recent IPEDS/Scorecard reporting (typically 1-2 year lag). Tuition can change annually. Always verify current figures with the institution's financial aid office. Use the FAFSA Estimator for personalized aid eligibility.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS data current as of latest annual release

Frequently Asked Questions

How much does college cost in Richmond, VT?

Average annual in-state public university tuition in Richmond is $18,800. Private university tuition averages $44,000, and community college tuition averages $5,423. When room and board ($14,377/year) is included, the total annual cost at a public university is approximately $33,177.

How many local cost benchmarks are used for Richmond, VT?

Richmond uses approximately 1 local education-market benchmark points for tuition, housing, and student-cost planning. The city has an estimated student population of approximately 1,871, which represents 45.8% of the total population.

What is the average rent near campus in Richmond?

The average rent near college campuses in Richmond is approximately $744 per month. The city has a cost of living index of 113.9 (national average is 100), a walk score of 50, and a public transit score of 12. Students can save on housing by sharing apartments or living further from campus.

What is the average starting salary after college in Richmond?

College graduates in Richmond earn a median starting salary of $39,209. The local unemployment rate is 3%. With an average financial aid package of $13,069 per student and a 51% graduation rate, students should carefully plan their college journey to maximize their return on investment.

Is it worth going to college in Richmond, VT?

With a median starting salary of $39,209 and an average 4-year public university cost of $132,708 (including room and board), the modeled salary premium can recoup the net investment in about 31.5 years. The 51% graduation rate underscores the importance of choosing the right program and staying on track academically.

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