salaryRichmond is 5% 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
$1,760
$1,644
🛏️ 2-bedroom rent
$1,691
$1,520
💵 Families earn per year
$76,054
$69,657
🔑 Buying a house
$320,700
$353,000
📊 Overall prices (U.S. = 100)
103.1
97.9
🏛️ Property tax per year
$5,075
$3,150
⚡ Electric bill per month
$160
$141
👥 People living there
1,307,930
229,359
Commute to work
25.7 min
21.7 min
College degree
38.2%
45.6%
Own their home
42.4%
43.5%
Below poverty line
16.7%
18.2%
Unemployment
4.9%
5.7%
Bottom line
- Pick Dallas for higher incomes, cheaper homes, less poverty and 1 more.
- Pick Richmond for lower rent, cheaper 2-bedroom apartments, shorter commutes and 1 more.
Pay for the same job
| Job | Dallas | Richmond | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $24,160 | $38,470 | +59% in Richmond |
| Police Officer | $92,910 | $62,720 | -32% in Richmond |
| Computer Systems Analyst | $122,520 | $105,190 | -14% in Richmond |
| Lawyer | $168,510 | $144,910 | -14% in Richmond |
| Nursing Assistant | $38,530 | $42,720 | +11% in Richmond |
| Market Research Analyst | $75,240 | $81,660 | +9% in Richmond |
| Registered Nurse | $101,420 | $93,580 | -8% in Richmond |
| Carpenter | $48,740 | $51,870 | +6% in Richmond |
Frequently asked questions
Is Dallas or Richmond cheaper to live in?
Richmond is about 5% cheaper overall. Rent is $1,644 a month there versus $1,760 in Dallas.
What salary do I need in Richmond to match $60,000 in Dallas?
About $56,955 a year gives the same standard of living in Richmond.
Where do people earn more, Dallas or Richmond?
The typical household earns $76,054 in Dallas and $69,657 in Richmond, 9% more in Dallas.