2025 Compare Cities Cost of Living:
Richmond, VA vs Madison, IN

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Highlights
Is it cheaper to live in Madison or is it cheaper to live in Richmond?
- Madison is 19.5% less expensive than Richmond.

Which city has more affordable housing, Madison or Richmond?
- Madison housing costs are 46.4% less expensive than Richmond housing costs.

Is Health Care more affordable in Richmond or is Health Care more affordable in Madison.
- Health related expenses are 13.6% less in Madison.
 Richmond, VAMadison, INUnited States
 Overall  Unlock76.6100
 Food & Groceries98.0  Unlock100
 Health  Unlock85.7100
 Housing96.9  Unlock100
 Median Home Cost  Unlock$196,900$338,100
 Utilities99  Unlock100
 Transportation  Unlock66.3100
 Miscellaneous136.2  Unlock100
100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
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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

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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

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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

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Reviews for Madison    5 Reviews

We have one of the best schools in Indiana (Shaw) and a great downtown area, with something going on all the time. Come join the  More

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We visited downtown Madison over the weekend and had a great, great time! One of the court house which had burned down was sad, but ran into a few great stores. One  More

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Over 17 years ago

Nothing much to do. Low crime  More

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