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Centerville, MN vs Richmond, MN

110
Centerville
Minnesota
VS
+63.8%
67
Richmond
Minnesota

The cost of living difference between Centerville, MN and Richmond, MN is dramatic. Richmond is 63.8% cheaper than Centerville, a gap that translates to thousands of dollars per year in household expenses. Centerville has a cost index of 110 while Richmond sits at 67, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Centerville is $1,453/month compared to $584/month in Richmond — a 149% difference. Home values follow the same pattern: Richmond is more affordable at $225,500 median vs $364,700.

Median household income in Centerville is $119,361 compared to $67,381 in Richmond (+77.1%). While Centerville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Centerville spend roughly 14.6% of their income on rent, more than the 10.4% in Richmond.

Income & Cost

Cost of Living Index
Centerville
110
Richmond
67
39% cheaper
Median Household Income
Centerville
$119,361
44% higher
Richmond
$67,381

Housing

Median Rent
Centerville
$1,453
Richmond
$584
60% cheaper
Median Home Value
Centerville
$364,700
Richmond
$225,500
38% cheaper
Population
Centerville
3,915
Richmond
1,336

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Centerville $3.20
Richmond $2.97
US $3.07
🥚
Eggs (grade A, large)
Centerville $2.61
Richmond $2.43
US $2.50
🥛
Milk (whole)
Centerville $4.21
Richmond $3.91
US $4.03
🍞
Bread (white)
Centerville $1.93
Richmond $1.79
US $1.85
🍗
Chicken breast
Centerville $4.33
Richmond $4.02
US $4.14
Electricity
Centerville $0.17
Richmond $0.17
US $0.19