Is Richmond or Chicago more affordable?
Richmond has a median rent of $1,250/month, while Chicago is $1,209/month. Chicago is more affordable for renters.
City comparison
Side-by-side comparison of cost of living, taxes, climate, and quality of life between Richmond and Chicago.
1
Richmond wins
of 5 metrics
tracked
4
Chicago wins
VA
Richmond
IL
Chicago
Overview
Population
Median Income
+26.5%Cost of Living
Median Rent / mo
-3.3%Median Home Price
-4.3%Rent-to-Income %
Taxes
State Income Tax
Local Tax Rate
Climate & Weather
Avg High Temp
Avg Low Temp
Sunny Days / Year
Annual Rainfall
Who should choose
Richmond is a city in Virginia with a population of 226,610.
Read full Richmond guide →Who should choose
Chicago is a city in Illinois with a population of 2,742,119.
Read full Chicago guide →Richmond has a median rent of $1,250/month, while Chicago is $1,209/month. Chicago is more affordable for renters.
Virginia has a 5.75% state income tax. Illinois has a 4.95% state income tax. Chicago wins on state income tax.
Richmond gets 205 sunny days/year. Avg high in Richmond: 68°F. Avg high in Chicago: 54.12°F
Richmond. Chicago. The right choice depends on your priorities — income, affordability, taxes, and climate all play a role.
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Green values indicate a better outcome for that metric.