Cost of Living: Richmond, VA vs Aurora, IL (2026)

Richmond

Virginia
98
VS

Aurora

Illinois
100

Richmond and Aurora have a similar cost of living.

$1,314/mo ↓ 14%
Median Rent
$1,535/mo ↑ 17%
$62,671/yr ↓ 30%
Median Income
$90,109/yr ↑ 44%
$328,100 ↑ 26%
Home Value
$260,400 ↓ 21%
$1,374/mo ↓ 14%
Owner Costs
$1,591/mo ↑ 16%
227,595
Population
179,867

Tax Comparison

5.75%
Income Tax
4.95%
5.3%
State Sales Tax
6.25%
0.8%
Property Tax
2.07%

Affordability

25.2%
rent-to-income
Affordability
20.4%
rent-to-income

Detailed Comparison

When comparing Richmond, VA and Aurora, IL, the overall cost of living indices are 98 and 100 respectively (national median = 100). Rent is $221/month cheaper in Richmond, saving renters about $2,652/year.

Median household income is $27,438/year higher in Aurora. Home values also differ significantly — the median in Richmond is $328,100 compared to $260,400 in Aurora.

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

Frequently Asked Questions

Richmond vs Aurora — common questions

Is Richmond or Aurora cheaper to live in?
Based on our cost index, Richmond is cheaper to live in with an index of 98 compared to 100 (US average = 100).
What is the rent difference between Richmond and Aurora?
Median rent in Richmond is $1,314/month and in Aurora it's $1,535/month — a difference of $221/month.
Which city has higher income, Richmond or Aurora?
Median household income is $62,671 in Richmond and $90,109 in Aurora. Median household income is $27,438/year higher in Aurora.
How do taxes compare between Virginia and Illinois?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Richmond or Aurora?
It depends on your priorities. Richmond has a cost index of 98 with median rent of $1,314/mo, while Aurora has a cost index of 100 with rent of $1,535/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Richmond details → View Aurora details →

More Comparisons

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