Quick answer
Overall prices in the Cincinnati, OH metro were 95.4 vs 97.9 in Richmond, VA in 2024 (US = 100), so Cincinnati is 2.5% less expensive than Richmond; housing rents differ by 12% (87.6 vs 99.1). A $75,000 income in Cincinnati buys about what $76,957 buys in Richmond, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Cincinnati | Richmond | Cincinnati vs Richmond |
|---|---|---|---|
| All items | 95.4 | 97.9 | -2.5% |
| Goods | 93.8 | 96.8 | -3.1% |
| Housing (rents) | 87.6 | 99.1 | -11.6% |
| Utilities | 91.0 | 89.2 | +1.9% |
| Other services | 99.0 | 98.6 | +0.4% |
| All items, 2008 | 97.1 | 98.1 | -1.0% |
| $50,000 in Cincinnati equals in Richmond | $51,304 | ||
| $100,000 in Cincinnati equals in Richmond | $102,609 | ||
| $150,000 in Cincinnati equals in Richmond | $153,913 |
Related
- Cost of living: Portland, OR vs Cincinnati, OH (2024)
- Cost of living: Cincinnati, OH vs Providence, RI (2024)
- Cost of living: Cincinnati, OH vs Raleigh, NC (2024)
- Cost of living: Riverside, CA vs Cincinnati, OH (2024)
- Cost of living: Sacramento, CA vs Cincinnati, OH (2024)
- Cost of living: Cincinnati, OH vs Salt Lake City, UT (2024)
- Cost of living: San Antonio, TX vs Cincinnati, OH (2024)
- Cost of living: San Diego, CA vs Cincinnati, OH (2024)
Last updated 2026-10-16. Data only, not financial or tax advice.