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2024 Compare Cities Cost of Living:
Richmond, IN vs New Albany, IN

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Highlights
Is it cheaper to live in New Albany or is it cheaper to live in Richmond?
- New Albany is 26.2% more expensive than Richmond.

Which city has more affordable housing, New Albany or Richmond?
- New Albany housing costs are 102.6% more expensive than Richmond housing costs.

Is Health Care more affordable in Richmond or is Health Care more affordable in New Albany.
- Health related expenses are 8.7% less in New Albany.
 Richmond, INNew Albany, INUnited States
 Overall70.689.1100
 Food & Groceries90.995.0100
 Health96.387.9100
 Housing31.163.0100
 Median Home Cost$126,700$195,900$338,100
 Utilities9,540.0%9,560.0%10,000.0%
 Transportation60.889.5100
 Miscellaneous71.689.5100

100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
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Reviews for Richmond    5 Reviews

do you see any changes no and lot of people don't even vote in this poverty retirement town. most of the educated people have left Richmond and Indiana all together. Be  More

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Over 11 years ago

Richmond is an attractive city for the most part, but for its population there is way to much crime. The police seem to worry more about petty issues like driving  More

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Over 13 years ago

Richmond is a great city homes here are very reasonable to buy. We have great parks. And lots of things to do for a town our size. I was born here so were my parents and  More

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Reviews for New Albany    2 Reviews

Over 8 years ago

I've lived in New Albany Indiana nearly six years. This town is one of the friendliest I have ever lived in. People are almost always helpful and good. Life  More

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Over 17 years ago

Many 100+ year old homes, not much to do there, close to to the Ohio River, pretty bad for allergy suffers. Schools not good. Excise tax on auto is paid every year and  More

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