Cost of Living: Richmond, VA vs Pembroke Pines, FL (2026)

Richmond

Virginia
98
VS

Pembroke Pines

Florida
130

Richmond is 25% cheaper than Pembroke Pines.

$1,314/mo ↓ 31%
Median Rent
$1,910/mo ↑ 45%
$62,671/yr ↓ 23%
Median Income
$81,675/yr ↑ 30%
$328,100 ↓ 20%
Home Value
$411,700 ↑ 25%
$1,374/mo ↓ 20%
Owner Costs
$1,717/mo ↑ 25%
227,595
Population
170,557

Tax Comparison

5.75%
Income Tax
0%
5.3%
State Sales Tax
6.0%
0.8%
Property Tax
0.86%

Affordability

25.2%
rent-to-income
Affordability
28.1%
rent-to-income

Detailed Comparison

When comparing Richmond, VA and Pembroke Pines, FL, the overall cost of living indices are 98 and 130 respectively (national median = 100). Rent is $596/month cheaper in Richmond, saving renters about $7,152/year.

Median household income is $19,004/year higher in Pembroke Pines. Home values also differ significantly — the median in Richmond is $328,100 compared to $411,700 in Pembroke Pines.

Florida has no state income tax, giving Pembroke Pines residents a significant tax advantage over Virginia's 5.75% rate.

Frequently Asked Questions

Richmond vs Pembroke Pines — common questions

Is Richmond or Pembroke Pines cheaper to live in?
Based on our cost index, Richmond is cheaper to live in with an index of 98 compared to 130 (US average = 100).
What is the rent difference between Richmond and Pembroke Pines?
Median rent in Richmond is $1,314/month and in Pembroke Pines it's $1,910/month — a difference of $596/month.
Which city has higher income, Richmond or Pembroke Pines?
Median household income is $62,671 in Richmond and $81,675 in Pembroke Pines. Median household income is $19,004/year higher in Pembroke Pines.
How do taxes compare between Virginia and Florida?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Richmond or Pembroke Pines?
It depends on your priorities. Richmond has a cost index of 98 with median rent of $1,314/mo, while Pembroke Pines has a cost index of 130 with rent of $1,910/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Richmond details → View Pembroke Pines details →

More Comparisons

Other cost of living comparisons for Richmond and Pembroke Pines

Richmond vs. Fremont Richmond vs. Baton Rouge Richmond vs. Santa Clarita Richmond vs. Hialeah Richmond vs. Spokane Richmond vs. San Bernardino Pembroke Pines vs. Garden Grove Pembroke Pines vs. Lancaster Pembroke Pines vs. Clarksville Pembroke Pines vs. Fort Collins Pembroke Pines vs. Oceanside Pembroke Pines vs. Springfield