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Cost of Living Comparison 2026

๐Ÿ“ Richmond, IN โ€” ZIP-level rent data ยท COL adjusted from Cincinnati, OH area

$

Numbers update automatically as you type

You'd spend $2.2K/month more in Denver, CO

$150.0K in your current city equals $176.1K in Denver, CO

Rent data from HUD ZIP-level estimates ยท COL index from area
Overall Cost
โ†‘ 29.0%
More expensive
Monthly Impact
$2,178
Extra cost
Annual Impact
$26.1K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Richmond, IN

Population:35K
Cost Index:100
Median Home:$149K

Denver, CO

Population:716K
Cost Index:129
Median Home:$513K

Richmond, IN

The Hoosier State

35K
Population
State Tax
Yes

Located in Indiana, this city has a population of 35K residents.

Denver, CO

The Centennial State

716K
Population
State Tax
Yes
Climate
Semi-arid

Notable Facts

  • โ€ขMile-high city (5,280 ft)
  • โ€ขOutdoor recreation hub
  • โ€ขMajor cannabis market

Major Industries

AerospaceTechnologyEnergyTourism

Cost Breakdown by Category

Annual spending: Richmond, IN vs Denver, CO

๐Ÿ Housing
โ†‘ 81.3%
Richmond, IN
$1,792
Denver, CO
$3,248
Difference
$1,456
more
๐Ÿš—Transportation
โ†‘ 25.5%
Richmond, IN
$1,164
Denver, CO
$1,462
Difference
$297
more
๐Ÿ“ฆOther
โ†‘ 15.3%
Richmond, IN
$1,539
Denver, CO
$1,774
Difference
$235
more
๐Ÿ›’Groceries
โ†‘ 14.4%
Richmond, IN
$900
Denver, CO
$1,029
Difference
$130
more
๐ŸฅHealthcare
โ†‘ 14.5%
Richmond, IN
$552
Denver, CO
$632
Difference
$80.19
more
โšกAll Utilities
โ†‘ 14.2%
Richmond, IN
$455
Denver, CO
$519
Difference
$64.55
more

๐Ÿ›๏ธ Local Income Taxes

Denver, CO: Denver Head Tax ($5.75/mo, negligible)$69.00/yr (0.0%)

Richmond, IN has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

๐Ÿ Rent Comparison

Studio
From$594
To$1,720
โ†‘ $1,126
1 Bed
From$602
To$1,840
โ†‘ $1,238
2 Bed
From$790
To$2,190
โ†‘ $1,400
3 Bed
From$985
To$2,870
โ†‘ $1,885
Richmond, INZIP-level data

1BR range: $740โ€“$740/mo

Denver, COZIP-level data

1BR range: $1,620โ€“$2,540/mo

๐Ÿ’ก Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$6,402
Monthly in Richmond, IN
$8,665
Monthly in Denver, CO
$2,263
Difference

Home Values

Richmond
Denver
$149K
Median Value
$513K
โ†‘ +6%
YoY Change
โ†“ -4.2%
โ†‘ +46.9%
5-Year Change
โ†‘ +13%
$149K
Price Range
$352K - $933K

Homes in Denver are 243% more expensive than Richmond

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†“ $1.8K
More taxes
Monthly Difference
$146
Less take-home
Effective Rate Diff
1.2%
Rate difference

Richmond, IN

Federal Income Tax
Effective: 18.9%
$25.5K
Indiana State Tax
Effective: 3.2%
$4.8K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 27.9%
$41.9K
Take-Home Pay
$9,012/month
$108.1K

Denver, CO

Federal Income Tax
Effective: 18.9%
$25.5K
Colorado State Tax
Effective: 4.4%
$6.6K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.1%
$43.6K
Take-Home Pay
$8,866/month
$106.4K

Additional Tax Information

Richmond, IN Tax Rates

Sales Tax:7.0%
Property Tax:0.9%

Denver, CO Tax Rates

Sales Tax:7.8%
Property Tax:0.5%

๐Ÿ’ก Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Richmond
Denver
52 Moderate
Air Quality
55 Moderate
44.8%
Good Air Days
35.2%
96 High
Climate Risk
95 High
๐ŸŒŠ๐ŸŒก๐ŸŒช
Top Hazards
๐ŸŒŠ๐ŸŒช๐Ÿ’จ
โ–ฒ+3.1ยฐF
2050 Outlook
โ–ฒ+3.3ยฐF
29 days
Heat Days >95ยฐF
28 days
โ–ฒ+3.1ยฐF
2050 Outlook
โ–ฒ+3.3ยฐF
29 days
Heat Days >95ยฐF
28 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between Indiana and Colorado on TaxTakeHome.com

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