Is Tallahassee, FL cheaper than Richmond, VA?

Based on cost of living data, Tallahassee, FL is 4.1% cheaper than Richmond, VA. This translates to saving $309 per month.

What salary do I need in Tallahassee, FL to live like I do in Richmond, VA?

If you earn $150,000 in Richmond, VA, you'd need approximately $146,297.481 in Tallahassee, FL to maintain the same standard of living.

How does housing cost compare between Richmond, VA and Tallahassee, FL?

Housing in Tallahassee, FL is 16.8% cheaper than in Richmond, VA. For a two-bedroom apartment, rent is $1,582/month in Tallahassee, FL compared to $1,710/month in Richmond, VA.

How much can I save per month by moving from Richmond, VA to Tallahassee, FL?

Moving from Richmond, VA to Tallahassee, FL could save you approximately $309 per month, or $3703 per year, based on a $150,000 salary.

Richmond, VA vs Tallahassee, FL: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Richmond, VA

Numbers update automatically as you type

You'd save $309/month moving to Tallahassee, FL

$150.0K in your current city equals $146.3K in Tallahassee, FL

Rent data from HUD ZIP-level estimates · COL index from Richmond, VA area

Overall Cost

↓ 4.1%

Less expensive

Monthly Impact

$309

Savings

Annual Impact

$3.7K

Per year

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

Richmond, VA

Population:230K

Cost Index:

100

100 = national average

Median Home:$350K

Tallahassee, FL

Population:202K

Cost Index:

(4% below avg)

Median Home:$233K

Richmond, VA

The Old Dominion State

230K

Population

State Tax

Yes

Located in Virginia, this city has a population of 230K residents.

Tallahassee, FL

The Sunshine State

202K

Population

State Tax

No Income Tax

Located in Florida, this city has a population of 202K residents.

💡 Advantage: Florida has no state income tax!

Cost Breakdown by Category

Annual spending: Richmond, VA vs Tallahassee, FL

Category	Richmond, VA	Tallahassee, FL	Difference	Change
Housing	$2,547/mo	$2,119/mo	↓ $427less	16.8%
Transportation	$1,284/mo	$1,596/mo	↑ $312more	24.3%
Healthcare	$632/mo	$540/mo	↓ $92.10less	14.6%
Groceries	$959/mo	$1,007/mo	↑ $47.80more	5.0%
All Utilities	$574/mo	$614/mo	↑ $40.06more	7.0%
Other	$1,758/mo	$1,734/mo	↓ $23.42less	1.3%

Housing

↓ 16.8%

Richmond, VA

$2,547

Tallahassee, FL

$2,119

Difference

$427

less

Transportation

↑ 24.3%

Richmond, VA

$1,284

Tallahassee, FL

$1,596

Difference

$312

Healthcare

↓ 14.6%

Richmond, VA

$632

Tallahassee, FL

$540

Difference

$92.10

less

Groceries

↑ 5.0%

Richmond, VA

$959

Tallahassee, FL

$1,007

Difference

$47.80

All Utilities

↑ 7.0%

Richmond, VA

$574

Tallahassee, FL

$614

Difference

$40.06

Other

↓ 1.3%

Richmond, VA

$1,758

Tallahassee, FL

$1,734

Difference

$23.42

less

🏠Rent Comparison

Studio

From$1,490

To$1,284

↓ $206

1 Bed

From$1,560

To$1,405

↓ $155

2 Bed

From$1,710

To$1,582

↓ $128

3 Bed

From$2,140

To$1,956

↓ $184

Richmond, VAZIP-level data

1BR range: $1,400–$1,920/mo

Tallahassee, FLZIP-level data

1BR range: $1,070–$1,510/mo

💡 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.

$7,753

Monthly in Richmond, VA

$7,610

Monthly in Tallahassee, FL

$143

Difference

Home Values

Richmond

Tallahassee

$350K

Median Value

$233K

↑ +1.1%

YoY Change

↓ -0.3%

↑ +39.2%

5-Year Change

↑ +27.6%

$234K - $619K

Price Range

$163K - $439K

Homes in Tallahassee are 33% less expensive than Richmond

Calculate payment - Richmond Calculate payment - Tallahassee

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $8.4K

Per year

Monthly Difference

$697

More take-home

Effective Rate Diff

5.6%

Rate difference

Richmond, VA

Federal Income Tax

Effective: 18.9%

$25.5K

Virginia State Tax

Effective: 5.6%

$8.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 30.3%

$45.4K

Take-Home Pay

$8,718/month

$104.6K

Tallahassee, FL

Federal Income Tax

Effective: 18.9%

$25.5K

Florida State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Additional Tax Information

Richmond, VA Tax Rates

Sales Tax:5.7%

Property Tax:0.8%

Tallahassee, FL Tax Rates

Sales Tax:7.2%

Property Tax:0.8%

💡 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.