Cost of Living: Columbus, OH vs Richmond, VA (2026)

Columbus

Ohio
83
VS

Richmond

Virginia
98

Columbus is 15% cheaper than Richmond.

$1,224/mo ↓ 7%
Median Rent
$1,314/mo ↑ 7%
$65,327/yr ↑ 4%
Median Income
$62,671/yr ↓ 4%
$234,500 ↓ 29%
Home Value
$328,100 ↑ 40%
$1,243/mo ↓ 10%
Owner Costs
$1,374/mo ↑ 11%
906,480
Population
227,595

Tax Comparison

3.5%
Income Tax
5.75%
5.75%
State Sales Tax
5.3%
1.53%
Property Tax
0.8%

Affordability

22.5%
rent-to-income
Affordability
25.2%
rent-to-income

Detailed Comparison

When comparing Columbus, OH and Richmond, VA, the overall cost of living indices are 83 and 98 respectively (national median = 100). Rent is $90/month cheaper in Columbus, saving renters about $1,080/year.

Median household income is $2,656/year higher in Columbus. Home values also differ significantly — the median in Columbus is $234,500 compared to $328,100 in Richmond.

Ohio has a lower income tax rate, making Columbus slightly more tax-friendly.

Frequently Asked Questions

Columbus vs Richmond — common questions

Is Columbus or Richmond cheaper to live in?
Based on our cost index, Columbus is cheaper to live in with an index of 83 compared to 98 (US average = 100).
What is the rent difference between Columbus and Richmond?
Median rent in Columbus is $1,224/month and in Richmond it's $1,314/month — a difference of $90/month.
Which city has higher income, Columbus or Richmond?
Median household income is $65,327 in Columbus and $62,671 in Richmond. Median household income is $2,656/year higher in Columbus.
How do taxes compare between Ohio and Virginia?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.
Should I move to Columbus or Richmond?
It depends on your priorities. Columbus has a cost index of 83 with median rent of $1,224/mo, while Richmond has a cost index of 98 with rent of $1,314/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Columbus details → View Richmond details →

More Comparisons

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