Is Louisville or Richmond more affordable?
Louisville has a median rent of $1,050/month, while Richmond is $1,250/month. Louisville is more affordable for renters.
City comparison
Louisville, KY vs Richmond, VA
Side-by-side comparison of cost of living, taxes, climate, and quality of life between Louisville and Richmond.
4
Louisville wins
of 5 metrics
tracked
1
Richmond wins
KY
Louisville
vs
VA
Richmond
Overview
633,045
Population
226,610
$55,834✓
Median Income
-6.9%$52,000
Cost of Living
$1,050✓
Median Rent / mo
+19.0%$1,250
$235,000✓
Median Home Price
+23.4%$290,000
23%
Rent-to-Income %
29%
Taxes
4.00%✓
State Income Tax
5.75%
6.00%
Local Tax Rate
6.00%
Climate & Weather
65°F
Avg High Temp
68°F
44°F
Avg Low Temp
47°F
195 days
Sunny Days / Year
205 days✓
46"
Annual Rainfall
44"
Who should choose
Louisville, KY
Louisville is a city in Kentucky with a population of 633,045.
Read full Louisville guide →Who should choose
Richmond, VA
Richmond is a city in Virginia with a population of 226,610.
Read full Richmond guide →Louisville vs Richmond — Common Questions
Which city has lower taxes — Louisville or Richmond?
Kentucky has a 4.00% state income tax. Virginia has a 5.75% state income tax. Louisville wins on state income tax.
What is the weather difference between Louisville and Richmond?
Louisville gets 195 sunny days/year. Richmond gets 205 sunny days/year. Avg high in Louisville: 65°F. Avg high in Richmond: 68°F
Which city is better for families — Louisville or Richmond?
Louisville. Richmond. The right choice depends on your priorities — income, affordability, taxes, and climate all play a role.
More city comparisons
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Green values indicate a better outcome for that metric.