Cost of Living: Richardson, TX vs Westminster, CO (2026)

Richardson

Texas
128
VS

Westminster

Colorado
139

Richardson is 8% cheaper than Westminster.

$1,825/mo ≈ Same
Median Rent
$1,816/mo ≈ Same
$96,257/yr ≈ Same
Median Income
$96,145/yr ≈ Same
$405,600 ↓ 18%
Home Value
$497,400 ↑ 23%
$1,796/mo ↓ 2%
Owner Costs
$1,841/mo ↑ 3%
118,269
Population
115,546

Tax Comparison

0%
Income Tax
4.4%
6.25%
State Sales Tax
2.9%
1.6%
Property Tax
0.51%

Affordability

22.8%
rent-to-income
Affordability
22.7%
rent-to-income

Detailed Comparison

When comparing Richardson, TX and Westminster, CO, the overall cost of living indices are 128 and 139 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $112/year higher in Richardson. Home values also differ significantly — the median in Richardson is $405,600 compared to $497,400 in Westminster.

Texas has no state income tax, giving Richardson residents a significant tax advantage over Colorado's 4.4% rate.

Frequently Asked Questions

Richardson vs Westminster — common questions

Is Richardson or Westminster cheaper to live in?
Based on our cost index, Richardson is cheaper to live in with an index of 128 compared to 139 (US average = 100).
What is the rent difference between Richardson and Westminster?
Median rent in Richardson is $1,825/month and in Westminster it's $1,816/month — a difference of $9/month.
Which city has higher income, Richardson or Westminster?
Median household income is $96,257 in Richardson and $96,145 in Westminster. Median household income is $112/year higher in Richardson.
How do taxes compare between Texas and Colorado?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Richardson or Westminster?
It depends on your priorities. Richardson has a cost index of 128 with median rent of $1,825/mo, while Westminster has a cost index of 139 with rent of $1,816/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Richardson details → View Westminster details →

More Comparisons

Other cost of living comparisons for Richardson and Westminster

Richardson vs. Billings Richardson vs. Cambridge Richardson vs. Wilmington Richardson vs. North Charleston Richardson vs. Spring Hill Richardson vs. Clearwater Westminster vs. Antioch Westminster vs. Manchester Westminster vs. Broken Arrow Westminster vs. Richmond Westminster vs. West Jordan Westminster vs. High Point