Hayward is 24% more expensive than Richmond.
When comparing Hayward, CA and Richmond, CA, the overall cost of living indices are 200 and 161 respectively (national median = 100). Rent is $465/month cheaper in Richmond, saving renters about $5,580/year.
Median household income is $23,737/year higher in Hayward. Home values also differ significantly — the median in Hayward is $820,700 compared to $650,100 in Richmond.
Both cities share the same state tax structure since they are in California.
Hayward vs Richmond — common questions
Other cost of living comparisons for Hayward and Richmond