Rensselaer, Indiana vs. Richmond, Indiana

Cost of Living Comparison

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

You would need a salary of $58,569 in Richmond, Indiana to maintain the standard of living you have in Rensselaer, Indiana.
Comparison highlights
• Overall, Richmond, Indiana is cheaper than Rensselaer, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
31% cheaper in Richmond
than in Rensselaer, Indiana
Rensselaer, IN vs. Richmond, IN
Compared to Rensselaer, 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
  1.5% lower
  Housing (Homeowner)
  37.3% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  5.6% lower
  Commute
  41.5% lower
  Health
  3.2% higher
  Taxes
  Childcare
  Personal
  10.4% lower