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Richmond vs St. Louis

Cost of living comparison — C2ER 2024-2025 data

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St. Louis is 10% cheaper than Richmond overall.Richmond has a cost of living index of 98 vs St. Louis at 88 (national average = 100). The biggest difference is housing Richmond costs 29% more.

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Richmond
VA
98
COLI index
VS
St. Louis
MO
88
COLI index

Category Breakdown

CategoryRichmondSt. LouisDifference
Overall COLI9888-10%
Housing11280-29%
Groceries102101-1%
Transport103100-3%
Healthcare102102Same
Utilities100107+7%

Median 1BR Rent

Richmond
$1,400/mo
St. Louis
$1,050/mo

Median Home Price

Richmond
$310,000
St. Louis
$205,000

Median Household Income

Richmond
$55,766
St. Louis
$48,438

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Frequently Asked Questions

St. Louis is cheaper to live in overall. Richmond has a cost of living index of 98 while St. Louis has an index of 88, where 100 represents the US national average. St. Louis is 10% cheaper than Richmond overall.

The median 1-bedroom rent in Richmond is $1,400 per month compared to $1,050 in St. Louis. The median home price in Richmond is $310,000 versus $205,000 in St. Louis. Housing is typically the largest factor in cost of living differences between cities.

Richmond has a cost of living index of 98 and St. Louis has an index of 88, 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 0.90. For example a $75,000 salary in Richmond is equivalent to approximately $67,347 in St. Louis.

Richmond has a median household income of $55,766 per year versus $48,438 in St. Louis. 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 St. Louis is worthwhile depends on your salary, lifestyle, and priorities. St. Louis is 10% 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.