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
$1,849
$1,644
🛏️ 2-bedroom rent
$1,567
$1,520
💵 Families earn per year
$102,860
$69,657
🔑 Buying a house
$378,400
$353,000
📊 Overall prices (U.S. = 100)
97.9
97.9
🏛️ Property tax per year
$3,108
$3,150
⚡ Electric bill per month
$178
$141
👥 People living there
252,583
229,359
Commute to work
25.8 min
21.7 min
College degree
36.9%
45.6%
Own their home
74.4%
43.5%
Below poverty line
9.4%
18.2%
Unemployment
4.9%
5.7%
Bottom line
- Pick Chesapeake 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 | Chesapeake | Richmond | Difference |
|---|---|---|---|
| Market Research Analyst | $69,560 | $81,660 | +17% in Richmond |
| Truck Driver | $50,460 | $58,190 | +15% in Richmond |
| Customer Service Representative | $38,150 | $42,660 | +12% in Richmond |
| Nursing Assistant | $38,990 | $42,720 | +10% in Richmond |
| Retail Salesperson | $30,820 | $33,580 | +9% in Richmond |
| Lawyer | $133,380 | $144,910 | +9% in Richmond |
| Operations Manager | $100,340 | $108,670 | +8% in Richmond |
| Firefighter | $56,940 | $60,790 | +7% in Richmond |
Frequently asked questions
Is Chesapeake or Richmond cheaper to live in?
Chesapeake 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 Chesapeake?
About $59,949 a year gives the same standard of living in Richmond.
Where do people earn more, Chesapeake or Richmond?
The typical household earns $102,860 in Chesapeake and $69,657 in Richmond, 48% more in Chesapeake.