2025 Compare Cities Cost of Living:
Richmond, VA vs Lake Forest, CA

Change Cities
Highlights
Is it cheaper to live in Lake Forest or is it cheaper to live in Richmond?
- Lake Forest is 73.2% more expensive than Richmond.

Which city has more affordable housing, Lake Forest or Richmond?
- Lake Forest housing costs are 209.6% more expensive than Richmond housing costs.

Is Health Care more affordable in Richmond or is Health Care more affordable in Lake Forest.
- Health related expenses are 5.8% less in Lake Forest.
 Richmond, VALake Forest, CAUnited States
 Overall  Unlock164.9100
 Food & Groceries98.0  Unlock100
 Health  Unlock93.4100
 Housing96.9  Unlock100
 Median Home Cost  Unlock$937,500$338,100
 Utilities99  Unlock100
 Transportation  Unlock111.6100
 Miscellaneous136.2  Unlock100
100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
DID YOU KNOW?

In order to keep your same standard of living your salary can vary greatly - whether you buy or rent, require child care, or want to include taxes. This is why we are now offering a Premium Salary & Cost of Living Calculator.

Our Premium Calculator Includes:
- Compare Cities cost of living across 9 different categories
- Personal salary calculations can optionally include Home ownership or rental, Child care, and Taxes (with details on state and local sales, income, property and automobile taxes)
- Includes the cost of Child Care for toddlers or infants, at a day care center or home care
- Grocery prices, detailed for 29 staple items in six categories
- Difference in cost of Utilities, including electric, gas and fuel oil
- Health Care Premiums and hospital expenses for major surgeries
- Taxes, Fees and Expenses you should know about, such as local car insurance rates, automobile taxes and registration, commuting costs.
- and 100s of other items you should consider before you relocate

Upgrade to Premium | See Example

Reviews for Richmond    109 Reviews

Over 3 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

   |    Reply

Over 4 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

   |    Reply

Over 4 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

   |    Reply

Start Your Review of Richmond

Reviews for Lake Forest    16 Reviews

I've lived in Lake Forest for over a decade, before that elsewhere in OC and also up in LA. Lake Forest isn't perfect but it's really improved over the past decade,  More

   |    Reply

As a retired senior who has lived in Lake Forest (formerly El Toro) since 1977 I think LF is a great place if you can afford it. When we moved here in June '77 homes  More

   |    Reply

I’ve lived here for 2 years. Ok, it’s more like a 4 but there are so many idiots downplaying what it’s like here and giving Lake Forest ones and twos. There are a lot of  More

   |    Reply

Start Your Review of Lake Forest


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.