City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Austin | Richmond | Difference |
|---|---|---|---|
| Median rent | $1,549/mo | $1,853/mo | 16.4% lower in A |
| Median home value | $461,500 | $624,800 | 26.1% lower in A |
| Median household income | $86,556 | $86,618 | 0.1% lower in A |
| Groceries index | 104.2 | 108.1 | 3.6% lower in A |
| Utilities index | 102.6 | 131.5 | 22.0% lower in A |
| Transportation index | 91.7 | 112.8 | 18.7% lower in A |
| Healthcare index | 110.4 | 115.0 | 4.1% lower in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Austin, you'd need $116,869 in Richmond to maintain your standard of living.
Climate, safety, and demographics side by side.
Austin, TX is about 14.4% cheaper overall than Richmond, CA, based on our cost-of-living index. Housing costs are roughly 16% lower in Austin than in Richmond. If you earn $80,000 in Austin, you'd need about $93,495 in Richmond to keep the same standard of living.