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
$1,881
$1,644
🛏️ 2-bedroom rent
$1,690
$1,520
💵 Families earn per year
$88,510
$69,657
🔑 Buying a house
$385,700
$353,000
📊 Overall prices (U.S. = 100)
97.3
97.9
🏛️ Property tax per year
$2,808
$3,150
⚡ Electric bill per month
$126
$141
👥 People living there
903,844
229,359
Commute to work
24.7 min
21.7 min
College degree
48%
45.6%
Own their home
51%
43.5%
Below poverty line
11.7%
18.2%
Unemployment
4.6%
5.7%
Bottom line
- Pick Charlotte 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 | Charlotte | Richmond | Difference |
|---|---|---|---|
| Firefighter | $38,700 | $60,790 | +57% in Richmond |
| Civil Engineer | $102,370 | $91,300 | -11% in Richmond |
| Accountant | $92,910 | $84,220 | -9% in Richmond |
| Nursing Assistant | $39,430 | $42,720 | +8% in Richmond |
| Lawyer | $157,180 | $144,910 | -8% in Richmond |
| Dental Hygienist | $98,390 | $104,250 | +6% in Richmond |
| Server (Waiter/Waitress) | $36,430 | $38,470 | +6% in Richmond |
| Customer Service Representative | $44,980 | $42,660 | -5% in Richmond |
Frequently asked questions
Is Charlotte or Richmond cheaper to live in?
Charlotte 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 Charlotte?
About $60,314 a year gives the same standard of living in Richmond.
Where do people earn more, Charlotte or Richmond?
The typical household earns $88,510 in Charlotte and $69,657 in Richmond, 27% more in Charlotte.