Richmond is 15% 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
$3,180
$1,644
🛏️ 2-bedroom rent
$3,128
$1,520
💵 Families earn per year
$195,754
$69,657
🔑 Buying a house
$1,403,800
$353,000
📊 Overall prices (U.S. = 100)
115.6
97.9
🏛️ Property tax per year
$9,190
$3,150
⚡ Electric bill per month
$152
$141
👥 People living there
228,295
229,359
Commute to work
30.3 min
21.7 min
College degree
63.9%
45.6%
Own their home
60.8%
43.5%
Below poverty line
5.2%
18.2%
Unemployment
4.7%
5.7%
Bottom line
- Pick Fremont 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 | Fremont | Richmond | Difference |
|---|---|---|---|
| Police Officer | $132,000 | $62,720 | -52% in Richmond |
| Registered Nurse | $186,610 | $93,580 | -50% in Richmond |
| Firefighter | $113,700 | $60,790 | -47% in Richmond |
| Carpenter | $89,200 | $51,870 | -42% in Richmond |
| Nurse Practitioner | $219,080 | $127,820 | -42% in Richmond |
| Elementary School Teacher | $101,860 | $61,290 | -40% in Richmond |
| Electrician | $92,830 | $61,350 | -34% in Richmond |
| Market Research Analyst | $123,250 | $81,660 | -34% in Richmond |
Frequently asked questions
Is Fremont or Richmond cheaper to live in?
Richmond is about 15% cheaper overall. Rent is $1,644 a month there versus $3,180 in Fremont.
What salary do I need in Richmond to match $60,000 in Fremont?
About $50,786 a year gives the same standard of living in Richmond.
Where do people earn more, Fremont or Richmond?
The typical household earns $195,754 in Fremont and $69,657 in Richmond, 181% more in Fremont.