Cost of Living: Richmond, CA vs Elgin, IL (2026)

Richmond

California
161
VS

Elgin

Illinois
90

Richmond is 79% more expensive than Elgin.

$1,895/mo ↑ 50%
Median Rent
$1,260/mo ↓ 34%
$90,038/yr ↑ 2%
Median Income
$88,316/yr ↓ 2%
$650,100 ↑ 158%
Home Value
$252,400 ↓ 61%
$2,015/mo ↑ 34%
Owner Costs
$1,502/mo ↓ 25%
115,396
Population
114,106

Tax Comparison

13.3%
Income Tax
4.95%
7.25%
State Sales Tax
6.25%
0.71%
Property Tax
2.07%

Affordability

25.3%
rent-to-income
Affordability
17.1%
rent-to-income

Detailed Comparison

When comparing Richmond, CA and Elgin, IL, the overall cost of living indices are 161 and 90 respectively (national median = 100). Rent is $635/month cheaper in Elgin, saving renters about $7,620/year.

Median household income is $1,722/year higher in Richmond. Home values also differ significantly — the median in Richmond is $650,100 compared to $252,400 in Elgin.

Illinois has a lower income tax rate, making Elgin slightly more tax-friendly.

Frequently Asked Questions

Richmond vs Elgin — common questions

Is Richmond or Elgin cheaper to live in?
Based on our cost index, Elgin is cheaper to live in with an index of 90 compared to 161 (US average = 100).
What is the rent difference between Richmond and Elgin?
Median rent in Richmond is $1,895/month and in Elgin it's $1,260/month — a difference of $635/month.
Which city has higher income, Richmond or Elgin?
Median household income is $90,038 in Richmond and $88,316 in Elgin. Median household income is $1,722/year higher in Richmond.
How do taxes compare between California and Illinois?
California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Richmond or Elgin?
It depends on your priorities. Richmond has a cost index of 161 with median rent of $1,895/mo, while Elgin has a cost index of 90 with rent of $1,260/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Richmond details → View Elgin details →

More Comparisons

Other cost of living comparisons for Richmond and Elgin

Richmond vs. Manchester Richmond vs. High Point Richmond vs. Westminster Richmond vs. League City Richmond vs. Antioch Richmond vs. Lowell Elgin vs. Provo Elgin vs. Odessa Elgin vs. Waterbury Elgin vs. Springfield Elgin vs. Carlsbad Elgin vs. Beaumont