salaryAbout the sameBased 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
$1,347
$1,644
🛏️ 2-bedroom rent
$1,153
$1,520
💵 Families earn per year
$43,073
$69,657
🔑 Buying a house
$83,900
$353,000
📊 Overall prices (U.S. = 100)
100.3
97.9
🏛️ Property tax per year
$1,402
$3,150
⚡ Electric bill per month
$196
$141
👥 People living there
638,530
229,359
Commute to work
24.8 min
21.7 min
College degree
18.1%
45.6%
Own their home
50.3%
43.5%
Below poverty line
32.7%
18.2%
Unemployment
14%
5.7%
Bottom line
- Pick Detroit 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 | Detroit | Richmond | Difference |
|---|---|---|---|
| Plumber | $86,370 | $61,480 | -29% in Richmond |
| Electrician | $81,990 | $61,350 | -25% in Richmond |
| Dental Hygienist | $84,480 | $104,250 | +23% in Richmond |
| Carpenter | $65,810 | $51,870 | -21% in Richmond |
| Police Officer | $78,450 | $62,720 | -20% in Richmond |
| Medical Assistant | $39,410 | $44,490 | +13% in Richmond |
| Licensed Practical Nurse | $69,300 | $64,030 | -8% in Richmond |
| Lawyer | $134,980 | $144,910 | +7% in Richmond |
Frequently asked questions
Is Detroit or Richmond cheaper to live in?
Detroit and Richmond cost about the same once rent and everyday costs are combined.
What salary do I need in Richmond to match $60,000 in Detroit?
About $58,540 a year gives the same standard of living in Richmond.
Where do people earn more, Detroit or Richmond?
The typical household earns $43,073 in Detroit and $69,657 in Richmond, 38% more in Richmond.