Richmond, VA vs Yonkers, NY: 98 vs 133

$1,314/mo ↓ 24%

Median Rent

$1,730/mo ↑ 32%

$62,671/yr ↓ 23%

Median Income

$81,816/yr ↑ 31%

$328,100 ↓ 31%

Home Value

$478,000 ↑ 46%

$1,374/mo ↓ 22%

Owner Costs

$1,759/mo ↑ 28%

227,595

Population

209,529

Detailed Comparison

When comparing Richmond, VA and Yonkers, NY, the overall cost of living indices are 98 and 133 respectively (national median = 100). Rent is $416/month cheaper in Richmond, saving renters about $4,992/year.

Median household income is $19,145/year higher in Yonkers. Home values also differ significantly — the median in Richmond is $328,100 compared to $478,000 in Yonkers.

Virginia has a lower income tax rate, making Richmond slightly more tax-friendly.

Frequently Asked Questions

Richmond vs Yonkers — common questions

Is Richmond or Yonkers cheaper to live in?

Based on our cost index, Richmond is cheaper to live in with an index of 98 compared to 133 (US average = 100).

What is the rent difference between Richmond and Yonkers?

Median rent in Richmond is $1,314/month and in Yonkers it's $1,730/month — a difference of $416/month.

Which city has higher income, Richmond or Yonkers?

Median household income is $62,671 in Richmond and $81,816 in Yonkers. Median household income is $19,145/year higher in Yonkers.

How do taxes compare between Virginia and New York?

Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax.

Should I move to Richmond or Yonkers?

It depends on your priorities. Richmond has a cost index of 98 with median rent of $1,314/mo, while Yonkers has a cost index of 133 with rent of $1,730/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Richmond, VA vs Yonkers, NY (2026)

Richmond

Yonkers

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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