According to the most recent data on the cost of living, Richmond has an overall cost of living index of 137 which is 1.4x higher than the national index of 100.
Compared to only California, Richmond has a cost of living index that's 1.0x lower than California's index of 140.
The standard of living in Richmond ranks as #5,491 most affordable out of the 6,418 places we measured in California. By definition, that implies Richmond ranks as the #927 most expensive place in the Golden State.
Living Expense | Richmond | California | National Average | |
---|---|---|---|---|
Overall | 137 | 140 | 100 | |
Services | 116 | 112 | 100 | |
Groceries | 135 | 113 | 100 | |
Health | 123 | 115 | 100 | |
Housing | 166 | 198 | 100 | |
Transportation | 145 | 134 | 100 | |
Utilities | 136 | 126 | 100 |
Housing swings affordability the most between places in California, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Richmond | California | United States |
---|---|---|---|
Median Home Value | $505,800 | $538,500 | $229,800 |
Median Rent | $1,574 | $1,586 | $1,096 |
Median Income | $72,463 | $78,672 | $64,994 |
Home Value To Income | 7.0x | 6.8x | 3.5x |
Rent To Monthly Income | 0.26x | 0.24x | 0.2x |
Item | Richmond | California |
---|---|---|
Shampoo | $1.39 | $1.06 |
Movie | $13.23 | $10.68 |
Bowling | $19.56 | $14.67 |
Item | Richmond | California |
---|---|---|
Ground Beef | $3.73 | $4.22 |
Fried Chicken | $1.89 | $1.39 |
Milk | $2.87 | $2.05 |
Item | Richmond | California |
---|---|---|
Haircut | $19.39 | $18.62 |
Beauty Salon | $67.86 | $39.05 |
Toothpaste | $3.07 | $2.34 |
Item | Richmond | California |
---|---|---|
Potatoes | $3.35 | $3.29 |
Pizza | $12.66 | $10.62 |
Beer | $10.57 | $9.38 |
Optometrist | $136.92 | $108.57 |
Doctor | $146.83 | $116.17 |
Dentist | $133.38 | $99.13 |
Item | Richmond | California |
---|---|---|
Gasoline | $3.38 | $2.22 |
Tire Balancing | $62.03 | $50.07 |
All Electricity | $269.4 | $167.67 |
Phone | $187.26 | $175.64 |
City | Population | Cost Of Living | Vs. Richmond |
---|---|---|---|
Mountain View, CA | 80,104 | 220 | 1.6x |
San Pablo, CA | 30,959 | 126 | 0.9x |
Hercules, CA | 26,090 | 155 | 1.1x |
Lafayette, CA | 25,949 | 236 | 1.7x |
El Cerrito, CA | 25,280 | 177 | 1.3x |
American Canyon, CA | 20,256 | 148 | 1.1x |
Orinda, CA | 19,461 | 240 | 1.8x |
Pinole, CA | 19,343 | 147 | 1.1x |
Piedmont, CA | 11,454 | 291 | 2.1x |
Fairfax, CA | 7,629 | 193 | 1.4x |