salaryEl Paso is 9% 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
$1,246
$1,644
🛏️ 2-bedroom rent
$1,088
$1,520
💵 Families earn per year
$64,435
$69,657
🔑 Buying a house
$184,500
$353,000
📊 Overall prices (U.S. = 100)
89.9
97.9
🏛️ Property tax per year
$3,760
$3,150
⚡ Electric bill per month
$113
$141
👥 People living there
680,130
229,359
Commute to work
23.4 min
21.7 min
College degree
28.1%
45.6%
Own their home
60.8%
43.5%
Below poverty line
18.4%
18.2%
Unemployment
6%
5.7%
Bottom line
- Pick El Paso 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 | El Paso | Richmond | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $21,870 | $38,470 | +76% in Richmond |
| Market Research Analyst | $50,680 | $81,660 | +61% in Richmond |
| Operations Manager | $77,770 | $108,670 | +40% in Richmond |
| Restaurant Cook | $28,990 | $37,080 | +28% in Richmond |
| Accountant | $65,990 | $84,220 | +28% in Richmond |
| Electrician | $48,140 | $61,350 | +27% in Richmond |
| HVAC Technician | $47,270 | $59,130 | +25% in Richmond |
| Medical Assistant | $35,790 | $44,490 | +24% in Richmond |
Frequently asked questions
Is El Paso or Richmond cheaper to live in?
El Paso is about 9% cheaper overall. Rent is $1,246 a month there versus $1,644 in Richmond.
What salary do I need in Richmond to match $60,000 in El Paso?
About $65,303 a year gives the same standard of living in Richmond.
Where do people earn more, El Paso or Richmond?
The typical household earns $64,435 in El Paso and $69,657 in Richmond, 7% more in Richmond.