Richmond 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
$1,775
$1,644
🛏️ 2-bedroom rent
$1,560
$1,520
💵 Families earn per year
$85,748
$69,657
🔑 Buying a house
$303,000
$353,000
📊 Overall prices (U.S. = 100)
103.1
97.9
🏛️ Property tax per year
$5,191
$3,150
⚡ Electric bill per month
$186
$141
👥 People living there
963,194
229,359
Commute to work
27.1 min
21.7 min
College degree
32%
45.6%
Own their home
57%
43.5%
Below poverty line
13.1%
18.2%
Unemployment
4.8%
5.7%
Bottom line
- Pick Fort Worth 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 | Fort Worth | 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 Fort Worth or Richmond cheaper to live in?
Richmond is about 5% cheaper overall. Rent is $1,644 a month there versus $1,775 in Fort Worth.
What salary do I need in Richmond to match $60,000 in Fort Worth?
About $56,955 a year gives the same standard of living in Richmond.
Where do people earn more, Fort Worth or Richmond?
The typical household earns $85,748 in Fort Worth and $69,657 in Richmond, 23% more in Fort Worth.