Gulfport vs Richmond
Cost of Living Comparison · 2026
Gulfport
Richmond
The Verdict
Gulfport is 19.4% less expensive than Richmond overall. A household earning $75,000 in Gulfport would need approximately $93,072 in Richmond to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Gulfport has the same purchasing power as $93,072 in Richmond.
Conversely, $75,000 in Richmond equals $60,437 in Gulfport.
Living in Gulfport vs Richmond
Housing Costs
Gulfport's housing index of 55 is lower Richmond's 108, translating to median home prices of $185,000 vs $300,000. The $115,000 difference in home prices means roughly $7,476 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Gulfport compared to $1,400/mo in Richmond, a monthly difference of $400.
Grocery & Food Costs
Grocery expenses index at 95 in Gulfport and 100 in Richmond. A household spending the national average of $475/month on groceries would pay approximately $451/month in Gulfport vs $475/month in Richmond. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 99 in Gulfport and 97 in Richmond. Monthly utility bills average approximately $396 in Gulfport vs $388 in Richmond. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 98 in Gulfport and 100 in Richmond. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.
Income & Purchasing Power
Median household income is $48,000 in Gulfport and $50,120 in Richmond. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $57,831 and $48,660 respectively. Gulfport residents enjoy stronger real purchasing power despite lower nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,120/month to housing in Gulfport vs $1,169/month in Richmond. In Gulfport, median rent of $1,000/mo fits within this budget. In Richmond, median rent of $1,400/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 53 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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