Cost of Living: Richmond, VA vs Downey, CA (2026)

Richmond

Virginia
98
VS

Downey

California
169

Richmond is 42% cheaper than Downey.

$1,314/mo ↓ 31%
Median Rent
$1,892/mo ↑ 44%
$62,671/yr ↓ 28%
Median Income
$87,400/yr ↑ 39%
$328,100 ↓ 55%
Home Value
$728,500 ↑ 122%
$1,374/mo ↓ 31%
Owner Costs
$1,997/mo ↑ 45%
227,595
Population
111,793

Tax Comparison

5.75%
Income Tax
13.3%
5.3%
State Sales Tax
7.25%
0.8%
Property Tax
0.71%

Affordability

25.2%
rent-to-income
Affordability
26.0%
rent-to-income

Detailed Comparison

When comparing Richmond, VA and Downey, CA, the overall cost of living indices are 98 and 169 respectively (national median = 100). Rent is $578/month cheaper in Richmond, saving renters about $6,936/year.

Median household income is $24,729/year higher in Downey. Home values also differ significantly — the median in Richmond is $328,100 compared to $728,500 in Downey.

Virginia has a lower income tax rate, making Richmond slightly more tax-friendly.

Frequently Asked Questions

Richmond vs Downey — common questions

Is Richmond or Downey cheaper to live in?
Based on our cost index, Richmond is cheaper to live in with an index of 98 compared to 169 (US average = 100).
What is the rent difference between Richmond and Downey?
Median rent in Richmond is $1,314/month and in Downey it's $1,892/month — a difference of $578/month.
Which city has higher income, Richmond or Downey?
Median household income is $62,671 in Richmond and $87,400 in Downey. Median household income is $24,729/year higher in Downey.
How do taxes compare between Virginia and California?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax.
Should I move to Richmond or Downey?
It depends on your priorities. Richmond has a cost index of 98 with median rent of $1,314/mo, while Downey has a cost index of 169 with rent of $1,892/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Richmond details → View Downey details →

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