Jacksonville is 6% cheaper than Richmond.
When comparing Jacksonville, FL and Richmond, VA, the overall cost of living indices are 92 and 98 respectively (national median = 100). Rent is $61/month cheaper in Richmond, saving renters about $732/year.
Median household income is $4,310/year higher in Jacksonville. Home values also differ significantly — the median in Jacksonville is $266,100 compared to $328,100 in Richmond.
Florida has no state income tax, giving Jacksonville residents a significant tax advantage over Virginia's 5.75% rate.
Jacksonville vs Richmond — common questions
Other cost of living comparisons for Jacksonville and Richmond