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Cost of living: Riverside, CA vs Richmond, VA (2024)

Quick answer

Overall prices in the Riverside, CA metro were 106.4 vs 97.9 in Richmond, VA in 2024 (US = 100), so Riverside is 8.8% more expensive than Richmond; housing rents differ by 30% (129.3 vs 99.1). A $75,000 income in Riverside buys about what $68,952 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)RiversideRichmondRiverside vs Richmond
All items106.497.9+8.8%
Goods101.496.8+4.8%
Housing (rents)129.399.1+30.4%
Utilities148.689.2+66.6%
Other services101.398.6+2.7%
All items, 2008106.398.1+8.4%
$50,000 in Riverside equals in Richmond$45,968
$100,000 in Riverside equals in Richmond$91,936
$150,000 in Riverside equals in Richmond$137,903

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

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