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
$2,246
$1,644
🛏️ 2-bedroom rent
$2,299
$1,520
💵 Families earn per year
$162,004
$69,657
🔑 Buying a house
$642,100
$353,000
📊 Overall prices (U.S. = 100)
97.1
97.9
🏛️ Property tax per year
$9,572
$3,150
⚡ Electric bill per month
$196
$141
👥 People living there
219,304
229,359
Commute to work
28.6 min
21.7 min
College degree
67.5%
45.6%
Own their home
65.9%
43.5%
Below poverty line
3.6%
18.2%
Unemployment
4.6%
5.7%
Bottom line
- Pick Frisco 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.
Frequently asked questions
Is Frisco or Richmond cheaper to live in?
Frisco 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 Frisco?
About $60,495 a year gives the same standard of living in Richmond.
Where do people earn more, Frisco or Richmond?
The typical household earns $162,004 in Frisco and $69,657 in Richmond, 133% more in Frisco.