salaryRichmond is 7% 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
$2,065
$1,644
🛏️ 2-bedroom rent
$2,127
$1,520
💵 Families earn per year
$102,153
$69,657
🔑 Buying a house
$616,000
$353,000
📊 Overall prices (U.S. = 100)
105.8
97.9
🏛️ Property tax per year
$2,751
$3,150
⚡ Electric bill per month
$113
$141
👥 People living there
718,877
229,359
Commute to work
24.9 min
21.7 min
College degree
56.5%
45.6%
Own their home
48.8%
43.5%
Below poverty line
11.2%
18.2%
Unemployment
4.9%
5.7%
Bottom line
- Pick Denver for higher incomes, a more educated workforce, less poverty and 1 more.
- Pick Richmond for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Pay for the same job
| Job | Denver | Richmond | Difference |
|---|---|---|---|
| Police Officer | $101,970 | $62,720 | -38% in Richmond |
| Firefighter | $87,980 | $60,790 | -31% in Richmond |
| Operations Manager | $142,330 | $108,670 | -24% in Richmond |
| Elementary School Teacher | $76,910 | $61,290 | -20% in Richmond |
| Carpenter | $64,910 | $51,870 | -20% in Richmond |
| Cashier | $37,620 | $30,350 | -19% in Richmond |
| Lawyer | $177,380 | $144,910 | -18% in Richmond |
| Computer Systems Analyst | $127,880 | $105,190 | -18% in Richmond |
Frequently asked questions
Is Denver or Richmond cheaper to live in?
Richmond is about 7% cheaper overall. Rent is $1,644 a month there versus $2,065 in Denver.
What salary do I need in Richmond to match $60,000 in Denver?
About $55,505 a year gives the same standard of living in Richmond.
Where do people earn more, Denver or Richmond?
The typical household earns $102,153 in Denver and $69,657 in Richmond, 47% more in Denver.