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
$1,901
$1,644
🛏️ 2-bedroom rent
$1,691
$1,520
💵 Families earn per year
$91,476
$69,657
🔑 Buying a house
$452,600
$353,000
📊 Overall prices (U.S. = 100)
100.7
97.9
🏛️ Property tax per year
$1,765
$3,150
⚡ Electric bill per month
$139
$141
👥 People living there
487,887
229,359
Commute to work
22.7 min
21.7 min
College degree
42.7%
45.6%
Own their home
60.9%
43.5%
Below poverty line
9%
18.2%
Unemployment
5.6%
5.7%
Bottom line
- Pick Colorado Springs 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 | Colorado Springs | Richmond | Difference |
|---|---|---|---|
| Lawyer | $106,320 | $144,910 | +36% in Richmond |
| Police Officer | $91,580 | $62,720 | -32% in Richmond |
| Computer Systems Analyst | $128,740 | $105,190 | -18% in Richmond |
| Server (Waiter/Waitress) | $46,230 | $38,470 | -17% in Richmond |
| Cashier | $35,740 | $30,350 | -15% in Richmond |
| Dental Hygienist | $118,410 | $104,250 | -12% in Richmond |
| Operations Manager | $120,770 | $108,670 | -10% in Richmond |
| Carpenter | $57,430 | $51,870 | -10% in Richmond |
Frequently asked questions
Is Colorado Springs or Richmond cheaper to live in?
Richmond is about 3% cheaper overall. Rent is $1,644 a month there versus $1,901 in Colorado Springs.
What salary do I need in Richmond to match $60,000 in Colorado Springs?
About $58,303 a year gives the same standard of living in Richmond.
Where do people earn more, Colorado Springs or Richmond?
The typical household earns $91,476 in Colorado Springs and $69,657 in Richmond, 31% more in Colorado Springs.
More comparisons
All Colorado Springs comparisons → · All Richmond comparisons →