Cost of Living: Richmond, VA vs Port St. Lucie, FL (2026)

Richmond

Virginia
98
VS

Port St. Lucie

Florida
113

Richmond is 13% cheaper than Port St. Lucie.

$1,314/mo ↓ 26%
Median Rent
$1,781/mo ↑ 36%
$62,671/yr ↓ 20%
Median Income
$78,137/yr ↑ 25%
$328,100 ≈ Same
Home Value
$327,700 ≈ Same
$1,374/mo ↓ 9%
Owner Costs
$1,507/mo ↑ 10%
227,595
Population
220,453

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
27.4%
rent-to-income

Detailed Comparison

When comparing Richmond, VA and Port St. Lucie, FL, the overall cost of living indices are 98 and 113 respectively (national median = 100). Rent is $467/month cheaper in Richmond, saving renters about $5,604/year.

Median household income is $15,466/year higher in Port St. Lucie. Home values also differ significantly — the median in Richmond is $328,100 compared to $327,700 in Port St. Lucie.

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

Frequently Asked Questions

Richmond vs Port St. Lucie — common questions

Is Richmond or Port St. Lucie cheaper to live in?
Based on our cost index, Richmond is cheaper to live in with an index of 98 compared to 113 (US average = 100).
What is the rent difference between Richmond and Port St. Lucie?
Median rent in Richmond is $1,314/month and in Port St. Lucie it's $1,781/month — a difference of $467/month.
Which city has higher income, Richmond or Port St. Lucie?
Median household income is $62,671 in Richmond and $78,137 in Port St. Lucie. Median household income is $15,466/year higher in Port St. Lucie.
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 Port St. Lucie?
It depends on your priorities. Richmond has a cost index of 98 with median rent of $1,314/mo, while Port St. Lucie has a cost index of 113 with rent of $1,781/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Richmond details → View Port St. Lucie details →

More Comparisons

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