Cost of Living: Richmond, VA vs Beaumont, TX (2026)

Richmond

Virginia
98
VS

Beaumont

Texas
66

Richmond is 48% more expensive than Beaumont.

$1,314/mo ↑ 23%
Median Rent
$1,072/mo ↓ 18%
$62,671/yr ↑ 9%
Median Income
$57,530/yr ↓ 8%
$328,100 ↑ 107%
Home Value
$158,800 ↓ 52%
$1,374/mo ↑ 33%
Owner Costs
$1,031/mo ↓ 25%
227,595
Population
113,710

Tax Comparison

5.75%
Income Tax
0%
5.3%
State Sales Tax
6.25%
0.8%
Property Tax
1.6%

Affordability

25.2%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing Richmond, VA and Beaumont, TX, the overall cost of living indices are 98 and 66 respectively (national median = 100). Rent is $242/month cheaper in Beaumont, saving renters about $2,904/year.

Median household income is $5,141/year higher in Richmond. Home values also differ significantly — the median in Richmond is $328,100 compared to $158,800 in Beaumont.

Texas has no state income tax, giving Beaumont residents a significant tax advantage over Virginia's 5.75% rate.

Frequently Asked Questions

Richmond vs Beaumont — common questions

Is Richmond or Beaumont cheaper to live in?
Based on our cost index, Beaumont is cheaper to live in with an index of 66 compared to 98 (US average = 100).
What is the rent difference between Richmond and Beaumont?
Median rent in Richmond is $1,314/month and in Beaumont it's $1,072/month — a difference of $242/month.
Which city has higher income, Richmond or Beaumont?
Median household income is $62,671 in Richmond and $57,530 in Beaumont. Median household income is $5,141/year higher in Richmond.
How do taxes compare between Virginia and Texas?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Richmond or Beaumont?
It depends on your priorities. Richmond has a cost index of 98 with median rent of $1,314/mo, while Beaumont has a cost index of 66 with rent of $1,072/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Richmond details → View Beaumont details →

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