Berkeley is 56% more expensive than Richmond.
When comparing Berkeley, CA and Richmond, CA, the overall cost of living indices are 251 and 161 respectively (national median = 100). Rent is $232/month cheaper in Richmond, saving renters about $2,784/year.
Median household income is $18,520/year higher in Berkeley. Home values also differ significantly — the median in Berkeley is $1,351,100 compared to $650,100 in Richmond.
Both cities share the same state tax structure since they are in California.
Berkeley vs Richmond — common questions
Other cost of living comparisons for Berkeley and Richmond