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RICHMOND vs. NEW ALBANY
Cost of Living Comparison

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Cost of Living Calculator - Richmond, Indiana vs New Albany, Indiana

The cost of living in New Albany, Indiana is 27.1% more expensive than Richmond, Indiana.

You would need a salary of $68,661 in New Albany, Indiana to maintain the standard of living you have in Richmond, Indiana.

Comparison highlights

• Overall, New Albany, Indiana is more expensive than Richmond, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
54% more expensive in New Albany
than in Richmond, Indiana

Richmond, IN vs New Albany, IN

Compared to Richmond, New Albany is:

Homeowner

No Child Care, Taxes not Considered

27.1% higher

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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Food

4.5% higher

Housing (Homeowner)

63.1% higher

Housing (Rent)

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Median Home Cost

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Utilities

0.2% higher

Commute

47.2% higher

Health

8.7% lower

Taxes

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Childcare

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Personal

15.4% higher

Cost of Food

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