Richmond vs Cleveland

Cleveland is cheaper to live in overall. Richmond has a cost of living index of 98 while Cleveland has an index of 85, where 100 represents the US national average. Cleveland is 13% cheaper than Richmond overall.

The median 1-bedroom rent in Richmond is $1,400 per month compared to $975 in Cleveland. The median home price in Richmond is $310,000 versus $130,000 in Cleveland. Housing is typically the largest factor in cost of living differences between cities.

Richmond has a cost of living index of 98 and Cleveland has an index of 85, both measured against a US national average of 100. An index above 100 means more expensive than the national average — below 100 means cheaper.

To maintain the same purchasing power as a salary in Richmond, multiply by 0.87. For example a $75,000 salary in Richmond is equivalent to approximately $65,051 in Cleveland.

Richmond has a median household income of $55,766 per year versus $34,981 in Cleveland. Higher incomes must be weighed against cost of living. Use the Dayblip salary tools to see specific job salaries in both cities.

Whether moving from Richmond to Cleveland is worthwhile depends on your salary, lifestyle, and priorities. Cleveland is 13% cheaper overall — with the biggest difference in housing. Use the Dayblip cost of living calculator to enter your specific salary and see the exact dollar impact.