Richmond is 3% cheaperBased 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
$2,018
$1,644
🛏️ 2-bedroom rent
$1,407
$1,520
💵 Families earn per year
$86,862
$69,657
🔑 Buying a house
$371,700
$353,000
📊 Overall prices (U.S. = 100)
100.9
97.9
🏛️ Property tax per year
$3,619
$3,150
⚡ Electric bill per month
$203
$141
👥 People living there
411,986
229,359
Commute to work
23.6 min
21.7 min
College degree
23.6%
45.6%
Own their home
60.6%
43.5%
Below poverty line
16.3%
18.2%
Unemployment
7%
5.7%
Bottom line
- Pick Bakersfield for cheaper 2-bedroom apartments, higher incomes, less poverty.
- Pick Richmond for lower rent, cheaper homes, shorter commutes and 2 more.
Pay for the same job
| Job | Bakersfield | Richmond | Difference |
|---|---|---|---|
| Physician Assistant | $198,070 | $126,810 | -36% in Richmond |
| Registered Nurse | $128,810 | $93,580 | -27% in Richmond |
| Elementary School Teacher | $79,900 | $61,290 | -23% in Richmond |
| Nurse Practitioner | $165,580 | $127,820 | -23% in Richmond |
| Carpenter | $66,540 | $51,870 | -22% in Richmond |
| Police Officer | $78,130 | $62,720 | -20% in Richmond |
| Electrician | $75,860 | $61,350 | -19% in Richmond |
| Market Research Analyst | $69,910 | $81,660 | +17% in Richmond |
Frequently asked questions
Is Bakersfield or Richmond cheaper to live in?
Richmond is about 3% cheaper overall. Rent is $1,644 a month there versus $2,018 in Bakersfield.
What salary do I need in Richmond to match $60,000 in Bakersfield?
About $58,199 a year gives the same standard of living in Richmond.
Where do people earn more, Bakersfield or Richmond?
The typical household earns $86,862 in Bakersfield and $69,657 in Richmond, 25% more in Bakersfield.