Modesto is 25% cheaper than Richmond.
When comparing Modesto, CA and Richmond, CA, the overall cost of living indices are 120 and 161 respectively (national median = 100). Rent is $286/month cheaper in Modesto, saving renters about $3,432/year.
Median household income is $12,139/year higher in Richmond. Home values also differ significantly — the median in Modesto is $415,600 compared to $650,100 in Richmond.
Both cities share the same state tax structure since they are in California.
Modesto vs Richmond — common questions
Other cost of living comparisons for Modesto and Richmond