Cost of Living: Richmond, VA vs Eugene, OR (2026)

Richmond

Virginia
98
VS

Eugene

Oregon
111

Richmond is 12% cheaper than Eugene.

$1,314/mo ↓ 2%
Median Rent
$1,347/mo ↑ 3%
$62,671/yr ↓ 2%
Median Income
$63,836/yr ↑ 2%
$328,100 ↓ 25%
Home Value
$435,400 ↑ 33%
$1,374/mo ↓ 3%
Owner Costs
$1,421/mo ↑ 3%
227,595
Population
177,520

Tax Comparison

5.75%
Income Tax
9.9%
5.3%
State Sales Tax
0%
0.8%
Property Tax
0.93%

Affordability

25.2%
rent-to-income
Affordability
25.3%
rent-to-income

Detailed Comparison

When comparing Richmond, VA and Eugene, OR, the overall cost of living indices are 98 and 111 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $1,165/year higher in Eugene. Home values also differ significantly — the median in Richmond is $328,100 compared to $435,400 in Eugene.

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

Frequently Asked Questions

Richmond vs Eugene — common questions

Is Richmond or Eugene cheaper to live in?
Based on our cost index, Richmond is cheaper to live in with an index of 98 compared to 111 (US average = 100).
What is the rent difference between Richmond and Eugene?
Median rent in Richmond is $1,314/month and in Eugene it's $1,347/month — a difference of $33/month.
Which city has higher income, Richmond or Eugene?
Median household income is $62,671 in Richmond and $63,836 in Eugene. Median household income is $1,165/year higher in Eugene.
How do taxes compare between Virginia and Oregon?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Oregon has 9.9% income tax, 0% sales tax, and 0.93% property tax.
Should I move to Richmond or Eugene?
It depends on your priorities. Richmond has a cost index of 98 with median rent of $1,314/mo, while Eugene has a cost index of 111 with rent of $1,347/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Richmond details → View Eugene details →

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