salaryRichmond is 4% 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
$2,339
$1,644
🛏️ 2-bedroom rent
$1,738
$1,520
💵 Families earn per year
$84,235
$69,657
🔑 Buying a house
$373,500
$353,000
📊 Overall prices (U.S. = 100)
102.3
97.9
🏛️ Property tax per year
$3,176
$3,150
⚡ Electric bill per month
$196
$141
👥 People living there
215,536
229,359
Commute to work
29.9 min
21.7 min
College degree
26.9%
45.6%
Own their home
77.2%
43.5%
Below poverty line
10.7%
18.2%
Unemployment
3.8%
5.7%
Bottom line
- Pick Cape Coral for higher incomes, less poverty, lower unemployment.
- Pick Richmond for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Pay for the same job
| Job | Cape Coral | Richmond | Difference |
|---|---|---|---|
| Market Research Analyst | $65,180 | $81,660 | +25% in Richmond |
| Plumber | $51,690 | $61,480 | +19% in Richmond |
| Truck Driver | $48,950 | $58,190 | +19% in Richmond |
| Police Officer | $76,710 | $62,720 | -18% in Richmond |
| Operations Manager | $94,730 | $108,670 | +15% in Richmond |
| Dental Hygienist | $91,120 | $104,250 | +14% in Richmond |
| Nursing Assistant | $37,510 | $42,720 | +14% in Richmond |
| Registered Nurse | $82,860 | $93,580 | +13% in Richmond |
Frequently asked questions
Is Cape Coral or Richmond cheaper to live in?
Richmond is about 4% cheaper overall. Rent is $1,644 a month there versus $2,339 in Cape Coral.
What salary do I need in Richmond to match $60,000 in Cape Coral?
About $57,367 a year gives the same standard of living in Richmond.
Where do people earn more, Cape Coral or Richmond?
The typical household earns $84,235 in Cape Coral and $69,657 in Richmond, 21% more in Cape Coral.