Can A Paramedic Afford Rent in Richmond, IN?
Comfortably affordable — rent takes 21.3% of gross income.
Richmond rent: June 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).
About rent and a paramedic salary
Paramedic and EMT base pay sits modestly below the US median household income and is often supplemented by overtime. At the national-average paramedic salary, the 30% rule supports about $1,330 a month in rent.
Cheaper rent nearby
These Indiana cities have lower median rent than Richmond, which improves the affordability math on a paramedic salary:
Compare with full rent data for Richmond
View full rent data for Richmond, IN →Frequently asked questions
Can a paramedic afford rent in Richmond, IN?
Median rent in Richmond is $870 a month. A typical paramedic in Indiana earns about $48,926 a year, which makes that rent 21.3% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a paramedic afford in Richmond?
Using the 30% rule, a paramedic salary in Indiana (~$48,926/yr) supports up to $1,223 a month in rent. Richmond's current median rent is $870/mo, which leaves a $353/mo buffer.
How many hours does a paramedic work to cover rent in Richmond?
At an hourly equivalent of about $24 an hour, a paramedic in Indiana works roughly 37 hours a month to cover Richmond's median rent of $870.
Where is rent cheaper than Richmond for a paramedic?
Nearby Indiana cities with lower median rent include New Castle ($866/mo), Gary ($865/mo), Marion ($860/mo). Each shifts the affordability math materially on a paramedic salary.