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Cost of living: Oklahoma City, OK vs Richmond, VA (2024)

Quick answer

Overall prices in the Oklahoma City, OK metro were 90.4 vs 97.9 in Richmond, VA in 2024 (US = 100), so Oklahoma City is 7.6% less expensive than Richmond; housing rents differ by 25% (73.9 vs 99.1). A $75,000 income in Oklahoma City buys about what $81,180 buys in Richmond, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)Oklahoma CityRichmondOklahoma City vs Richmond
All items90.497.9-7.6%
Goods93.896.8-3.1%
Housing (rents)73.999.1-25.5%
Utilities74.189.2-17.0%
Other services95.598.6-3.2%
All items, 200892.898.1-5.4%
$50,000 in Oklahoma City equals in Richmond$54,120
$100,000 in Oklahoma City equals in Richmond$108,240
$150,000 in Oklahoma City equals in Richmond$162,361

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Last updated 2026-10-16. Data only, not financial or tax advice.

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