Cost of Living Calculator - Lorain, Ohio vs Richmond, Indiana


The cost of living in Richmond, Indiana is 6.5% cheaper than Lorain, Ohio.

You would need a salary of $46,756 in Richmond, Indiana to maintain the standard of living you have in Lorain, Ohio.
Comparison highlights
• Overall, Richmond, Indiana is cheaper than Lorain, Ohio
• Childcare is the biggest factor in the cost of living difference.
Childcare
42% cheaper in Richmond
than in Lorain, Ohio
Lorain, OH vs Richmond, IN
Compared to Lorain, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  6.5% 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
  3.3% lower
  Housing (Homeowner)
  17.4% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  1.3% higher
  Commute
  16.7% lower
  Health
  14.0% higher
  Taxes
  Childcare
  Personal
  12.0% lower

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