Richmond is 164% more expensive than Springfield.
When comparing Richmond, CA and Springfield, IL, the overall cost of living indices are 161 and 61 respectively (national median = 100). Rent is $950/month cheaper in Springfield, saving renters about $11,400/year.
Median household income is $24,501/year higher in Richmond. Home values also differ significantly — the median in Richmond is $650,100 compared to $155,200 in Springfield.
Illinois has a lower income tax rate, making Springfield slightly more tax-friendly.
Richmond vs Springfield — common questions
Other cost of living comparisons for Richmond and Springfield