Cost of Living: Louisville, KY vs Richardson, TX (2026)

Louisville

Kentucky
74
VS

Richardson

Texas
128

Louisville is 42% cheaper than Richardson.

$1,069/mo ↓ 41%
Median Rent
$1,825/mo ↑ 71%
$64,731/yr ↓ 33%
Median Income
$96,257/yr ↑ 49%
$221,500 ↓ 45%
Home Value
$405,600 ↑ 83%
$1,118/mo ↓ 38%
Owner Costs
$1,796/mo ↑ 61%
627,210
Population
118,269

Tax Comparison

4.0%
Income Tax
0%
6.0%
State Sales Tax
6.25%
0.83%
Property Tax
1.6%

Affordability

19.8%
rent-to-income
Affordability
22.8%
rent-to-income

Detailed Comparison

When comparing Louisville, KY and Richardson, TX, the overall cost of living indices are 74 and 128 respectively (national median = 100). Rent is $756/month cheaper in Louisville, saving renters about $9,072/year.

Median household income is $31,526/year higher in Richardson. Home values also differ significantly — the median in Louisville is $221,500 compared to $405,600 in Richardson.

Texas has no state income tax, giving Richardson residents a significant tax advantage over Kentucky's 4.0% rate.

Frequently Asked Questions

Louisville vs Richardson — common questions

Is Louisville or Richardson cheaper to live in?
Based on our cost index, Louisville is cheaper to live in with an index of 74 compared to 128 (US average = 100).
What is the rent difference between Louisville and Richardson?
Median rent in Louisville is $1,069/month and in Richardson it's $1,825/month — a difference of $756/month.
Which city has higher income, Louisville or Richardson?
Median household income is $64,731 in Louisville and $96,257 in Richardson. Median household income is $31,526/year higher in Richardson.
How do taxes compare between Kentucky and Texas?
Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Louisville or Richardson?
It depends on your priorities. Louisville has a cost index of 74 with median rent of $1,069/mo, while Richardson has a cost index of 128 with rent of $1,825/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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More Comparisons

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