Charleston is 20% cheaper than Richmond.
When comparing Charleston, SC and Richmond, CA, the overall cost of living indices are 128 and 161 respectively (national median = 100). Rent is $263/month cheaper in Charleston, saving renters about $3,156/year.
Median household income is $0/year higher in Richmond. Home values also differ significantly — the median in Charleston is $469,100 compared to $650,100 in Richmond.
South Carolina has a lower income tax rate, making Charleston slightly more tax-friendly.
Charleston vs Richmond — common questions
Other cost of living comparisons for Charleston and Richmond