salaryAbout the sameBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Richmond to live the same way.
🏠 Rent per month
$1,932
$1,644
🛏️ 2-bedroom rent
$1,941
$1,520
💵 Families earn per year
$101,010
$69,657
🔑 Buying a house
$555,300
$353,000
📊 Overall prices (U.S. = 100)
98.1
97.9
🏛️ Property tax per year
$8,024
$3,150
⚡ Electric bill per month
$134
$141
👥 People living there
979,539
229,359
Commute to work
23.7 min
21.7 min
College degree
59.6%
45.6%
Own their home
43.4%
43.5%
Below poverty line
12%
18.2%
Unemployment
4.7%
5.7%
Bottom line
- Pick Austin for higher incomes, a more educated workforce, less poverty and 1 more.
- Pick Richmond for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Pay for the same job
| Job | Austin | Richmond | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $27,260 | $38,470 | +41% in Richmond |
| Police Officer | $82,290 | $62,720 | -24% in Richmond |
| Nursing Assistant | $38,550 | $42,720 | +11% in Richmond |
| Cashier | $33,940 | $30,350 | -11% in Richmond |
| Civil Engineer | $100,470 | $91,300 | -9% in Richmond |
| Operations Manager | $117,850 | $108,670 | -8% in Richmond |
| Physician Assistant | $134,550 | $126,810 | -6% in Richmond |
| Lawyer | $153,330 | $144,910 | -5% in Richmond |
Frequently asked questions
Is Austin or Richmond cheaper to live in?
Austin and Richmond cost about the same once rent and everyday costs are combined.
What salary do I need in Richmond to match $60,000 in Austin?
About $59,873 a year gives the same standard of living in Richmond.
Where do people earn more, Austin or Richmond?
The typical household earns $101,010 in Austin and $69,657 in Richmond, 45% more in Austin.