Quick answer
Overall prices in the St. Louis, MO metro were 95.1 vs 97.9 in Richmond, VA in 2024 (US = 100), so St. Louis is 2.8% less expensive than Richmond; housing rents differ by 20% (79.0 vs 99.1). A $75,000 income in St. Louis buys about what $77,185 buys in Richmond, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | St. Louis | Richmond | St. Louis vs Richmond |
|---|---|---|---|
| All items | 95.1 | 97.9 | -2.8% |
| Goods | 100.0 | 96.8 | +3.3% |
| Housing (rents) | 79.0 | 99.1 | -20.3% |
| Utilities | 69.9 | 89.2 | -21.6% |
| Other services | 98.6 | 98.6 | +0.0% |
| All items, 2008 | 91.0 | 98.1 | -7.2% |
| $50,000 in St. Louis equals in Richmond | $51,457 | ||
| $100,000 in St. Louis equals in Richmond | $102,913 | ||
| $150,000 in St. Louis equals in Richmond | $154,370 |
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Last updated 2026-10-16. Data only, not financial or tax advice.