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
$1,797
$1,644
🛏️ 2-bedroom rent
$1,604
$1,520
💵 Families earn per year
$88,026
$69,657
🔑 Buying a house
$392,800
$353,000
📊 Overall prices (U.S. = 100)
97.6
97.9
🏛️ Property tax per year
$3,263
$3,150
⚡ Electric bill per month
$117
$141
👥 People living there
291,467
229,359
Commute to work
22.3 min
21.7 min
College degree
57.3%
45.6%
Own their home
52.3%
43.5%
Below poverty line
11.7%
18.2%
Unemployment
3.8%
5.7%
Bottom line
- Pick Durham 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 | Durham | Richmond | Difference |
|---|---|---|---|
| Firefighter | $38,350 | $60,790 | +59% in Richmond |
| Elementary School Teacher | $51,400 | $61,290 | +19% in Richmond |
| Market Research Analyst | $93,110 | $81,660 | -12% in Richmond |
| Truck Driver | $53,280 | $58,190 | +9% in Richmond |
| Server (Waiter/Waitress) | $35,230 | $38,470 | +9% in Richmond |
| Lawyer | $132,790 | $144,910 | +9% in Richmond |
| Customer Service Representative | $46,800 | $42,660 | -9% in Richmond |
| Warehouse Worker | $37,750 | $40,270 | +7% in Richmond |
Frequently asked questions
Is Durham or Richmond cheaper to live in?
Durham 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 Durham?
About $60,176 a year gives the same standard of living in Richmond.
Where do people earn more, Durham or Richmond?
The typical household earns $88,026 in Durham and $69,657 in Richmond, 26% more in Durham.