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Colorado Springs vs Richmond: which is cheaper?

Richmond is 3% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $58,303 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

Pay for the same job

JobColorado SpringsRichmondDifference
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 →

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