Huntington, IN vs Richmond, IN

Huntington, IN and Richmond, IN have a very similar cost of living, with only a 0.5% difference in their overall index. Huntington scores 66 while Richmond scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Huntington is $852/month compared to $815/month in Richmond — a 5% difference. Interestingly, home values tell a different story: while Richmond has cheaper rent, Huntington actually has lower median home values ($104,300 vs $107,600).

Median household income in Huntington is $51,220 compared to $46,395 in Richmond (+10.4%). Huntington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Huntington spend roughly 20% of their income on rent, less than the 21.1% in Richmond.