Richmond is 68% cheaper than Santa Clara.
When comparing Richmond, VA and Santa Clara, CA, the overall cost of living indices are 98 and 307 respectively (national median = 100). Rent is $1,671/month cheaper in Richmond, saving renters about $20,052/year.
Median household income is $110,999/year higher in Santa Clara. Home values also differ significantly — the median in Richmond is $328,100 compared to $1,527,900 in Santa Clara.
Virginia has a lower income tax rate, making Richmond slightly more tax-friendly.
Richmond vs Santa Clara — common questions
Other cost of living comparisons for Richmond and Santa Clara