El Paso is 58% cheaper than Richmond.
When comparing El Paso, TX and Richmond, CA, the overall cost of living indices are 67 and 161 respectively (national median = 100). Rent is $854/month cheaper in El Paso, saving renters about $10,248/year.
Median household income is $31,304/year higher in Richmond. Home values also differ significantly — the median in El Paso is $171,700 compared to $650,100 in Richmond.
Texas has no state income tax, giving El Paso residents a significant tax advantage over California's 13.3% rate.
El Paso vs Richmond — common questions
Other cost of living comparisons for El Paso and Richmond