Peoria is 22% cheaper than Richmond.
When comparing Peoria, AZ and Richmond, CA, the overall cost of living indices are 125 and 161 respectively (national median = 100). Rent is $152/month cheaper in Peoria, saving renters about $1,824/year.
Median household income is $3,365/year higher in Peoria. Home values also differ significantly — the median in Peoria is $429,400 compared to $650,100 in Richmond.
Arizona has a lower income tax rate, making Peoria slightly more tax-friendly.
Peoria vs Richmond — common questions
Other cost of living comparisons for Peoria and Richmond