salaryCincinnati 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
$1,379
$1,644
🛏️ 2-bedroom rent
$1,208
$1,520
💵 Families earn per year
$57,062
$69,657
🔑 Buying a house
$230,900
$353,000
📊 Overall prices (U.S. = 100)
95.4
97.9
🏛️ Property tax per year
$3,169
$3,150
⚡ Electric bill per month
$147
$141
👥 People living there
311,224
229,359
Commute to work
22.4 min
21.7 min
College degree
41.8%
45.6%
Own their home
39.8%
43.5%
Below poverty line
25.5%
18.2%
Unemployment
6.8%
5.7%
Bottom line
- Pick Cincinnati for lower rent, cheaper 2-bedroom apartments, cheaper homes.
- Pick Richmond for higher incomes, shorter commutes, a more educated workforce and 2 more.
Pay for the same job
| Job | Cincinnati | Richmond | Difference |
|---|---|---|---|
| Police Officer | $80,410 | $62,720 | -22% in Richmond |
| Carpenter | $60,110 | $51,870 | -14% in Richmond |
| Registered Nurse | $83,650 | $93,580 | +12% in Richmond |
| Lawyer | $130,980 | $144,910 | +11% in Richmond |
| Retail Salesperson | $30,810 | $33,580 | +9% in Richmond |
| Software Developer | $121,420 | $132,120 | +9% in Richmond |
| Customer Service Representative | $46,470 | $42,660 | -8% in Richmond |
| Operations Manager | $100,670 | $108,670 | +8% in Richmond |
Frequently asked questions
Is Cincinnati or Richmond cheaper to live in?
Cincinnati is about 3% cheaper overall. Rent is $1,379 a month there versus $1,644 in Richmond.
What salary do I need in Richmond to match $60,000 in Cincinnati?
About $61,565 a year gives the same standard of living in Richmond.
Where do people earn more, Cincinnati or Richmond?
The typical household earns $57,062 in Cincinnati and $69,657 in Richmond, 18% more in Richmond.