Torrance, California vs. Richmond, California

Cost of Living Comparison

The cost of living in Richmond, California is 16.3% cheaper than Torrance, California.

You would need a salary of $41,857 in Richmond, California to maintain the standard of living you have in Torrance, California.
Comparison highlights
• Overall, Richmond, California is cheaper than Torrance, California
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
40% cheaper in Richmond
than in Torrance, California
Torrance, CA vs. Richmond, CA
Compared to Torrance, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  16.3% 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
  3.0% higher
  Housing (Homeowner)
  36.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  2.5% lower
  Commute
  13.5% lower
  Health
  34.3% higher
  Taxes
  Childcare
  Personal
  5.1% higher