Richmond, VA vs Tempe, AZ: 98 vs 120

$1,314/mo ↓ 19%

Median Rent

$1,623/mo ↑ 24%

$62,671/yr ↓ 19%

Median Income

$77,643/yr ↑ 24%

$328,100 ↓ 22%

Home Value

$421,900 ↑ 29%

$1,374/mo ↓ 12%

Owner Costs

$1,554/mo ↑ 13%

227,595

Population

186,419

Detailed Comparison

When comparing Richmond, VA and Tempe, AZ, the overall cost of living indices are 98 and 120 respectively (national median = 100). Rent is $309/month cheaper in Richmond, saving renters about $3,708/year.

Median household income is $14,972/year higher in Tempe. Home values also differ significantly — the median in Richmond is $328,100 compared to $421,900 in Tempe.

Arizona has a lower income tax rate, making Tempe slightly more tax-friendly.

Frequently Asked Questions

Richmond vs Tempe — common questions

Is Richmond or Tempe cheaper to live in?

Based on our cost index, Richmond is cheaper to live in with an index of 98 compared to 120 (US average = 100).

What is the rent difference between Richmond and Tempe?

Median rent in Richmond is $1,314/month and in Tempe it's $1,623/month — a difference of $309/month.

Which city has higher income, Richmond or Tempe?

Median household income is $62,671 in Richmond and $77,643 in Tempe. Median household income is $14,972/year higher in Tempe.

How do taxes compare between Virginia and Arizona?

Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.

Should I move to Richmond or Tempe?

It depends on your priorities. Richmond has a cost index of 98 with median rent of $1,314/mo, while Tempe has a cost index of 120 with rent of $1,623/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Richmond, VA vs Tempe, AZ (2026)

Richmond

Tempe

Tax Comparison

Affordability

Detailed Comparison

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