Richmond, VA vs Provo, UT: 98 vs 102

$1,314/mo ↑ 14%

Median Rent

$1,152/mo ↓ 12%

$62,671/yr ≈ Same

Median Income

$62,800/yr ≈ Same

$328,100 ↓ 25%

Home Value

$437,100 ↑ 33%

$1,374/mo ↑ 13%

Owner Costs

$1,220/mo ↓ 11%

227,595

Population

114,303

Detailed Comparison

When comparing Richmond, VA and Provo, UT, the overall cost of living indices are 98 and 102 respectively (national median = 100). Rent is $162/month cheaper in Provo, saving renters about $1,944/year.

Median household income is $129/year higher in Provo. Home values also differ significantly — the median in Richmond is $328,100 compared to $437,100 in Provo.

Utah has a lower income tax rate, making Provo slightly more tax-friendly.

Frequently Asked Questions

Richmond vs Provo — common questions

Is Richmond or Provo cheaper to live in?

Based on our cost index, Richmond is cheaper to live in with an index of 98 compared to 102 (US average = 100).

What is the rent difference between Richmond and Provo?

Median rent in Richmond is $1,314/month and in Provo it's $1,152/month — a difference of $162/month.

Which city has higher income, Richmond or Provo?

Median household income is $62,671 in Richmond and $62,800 in Provo. Median household income is $129/year higher in Provo.

How do taxes compare between Virginia and Utah?

Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Utah has 4.65% income tax, 6.1% sales tax, and 0.58% property tax.

Should I move to Richmond or Provo?

It depends on your priorities. Richmond has a cost index of 98 with median rent of $1,314/mo, while Provo has a cost index of 102 with rent of $1,152/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Richmond, VA vs Provo, UT (2026)

Richmond

Provo

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

More Comparisons