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Richmond vs Columbus

Cost of living comparison — C2ER 2024-2025 data

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Columbus is 8% cheaper than Richmond overall.Richmond has a cost of living index of 98 vs Columbus at 90 (national average = 100). The biggest difference is housing Richmond costs 20% more.

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Richmond
VA
98
COLI index
VS
Columbus
OH
90
COLI index

Category Breakdown

CategoryRichmondColumbusDifference
Overall COLI9890-8%
Housing11290-20%
Groceries102101-1%
Transport103101-2%
Healthcare102101-1%
Utilities100106+6%

Median 1BR Rent

Richmond
$1,400/mo
Columbus
$1,200/mo

Median Home Price

Richmond
$310,000
Columbus
$245,000

Median Household Income

Richmond
$55,766
Columbus
$56,776

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Frequently Asked Questions

Columbus is cheaper to live in overall. Richmond has a cost of living index of 98 while Columbus has an index of 90, where 100 represents the US national average. Columbus is 8% cheaper than Richmond overall.

The median 1-bedroom rent in Richmond is $1,400 per month compared to $1,200 in Columbus. The median home price in Richmond is $310,000 versus $245,000 in Columbus. Housing is typically the largest factor in cost of living differences between cities.

Richmond has a cost of living index of 98 and Columbus has an index of 90, 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 0.92. For example a $75,000 salary in Richmond is equivalent to approximately $68,878 in Columbus.

Richmond has a median household income of $55,766 per year versus $56,776 in Columbus. 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 Columbus is worthwhile depends on your salary, lifestyle, and priorities. Columbus is 8% 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.

Last updated: June 2026

Methodology: Cost of living indices from C2ER Cost of Living Index 2024-2025. Rent data from Zillow December 2024. Home price data from Zillow Home Value Index December 2024. Household income from US Census Bureau ACS 2023. National average COLI = 100. Data updated annually.