Indianapolis, Indiana vs. Richmond, Indiana

Cost of Living Comparison

The cost of living in Richmond, Indiana is 21.9% cheaper than Indianapolis, Indiana.

You would need a salary of $85,901 in Richmond, Indiana to maintain the standard of living you have in Indianapolis, Indiana.
Comparison highlights
• Overall, Richmond, Indiana is cheaper than Indianapolis, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
42% cheaper in Richmond
than in Indianapolis, Indiana
Indianapolis, IN vs. Richmond, IN
Compared to Indianapolis, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  21.9% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.9% lower
  Housing (Homeowner)
  40.1% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  5.8% higher
  Commute
  33.0% lower
  Health
  4.0% lower
  Taxes
  Childcare
  Personal
  11.9% lower