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Grand Prairie vs Richmond: which is cheaper?

About the sameBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $60,495 in Richmond to live the same way.

🏠 Rent per month
$1,883
$1,644
🛏️ 2-bedroom rent
$1,758
$1,520
💵 Families earn per year
$88,026
$69,657
🔑 Buying a house
$295,500
$353,000
📊 Overall prices (U.S. = 100)
97.1
97.9
🏛️ Property tax per year
$4,954
$3,150
⚡ Electric bill per month
$200
$141
👥 People living there
201,883
229,359
Commute to work
28 min
21.7 min
College degree
30%
45.6%
Own their home
58.7%
43.5%
Below poverty line
12.1%
18.2%
Unemployment
5.2%
5.7%

Bottom line

Frequently asked questions

Is Grand Prairie or Richmond cheaper to live in?

Grand Prairie 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 Grand Prairie?

About $60,495 a year gives the same standard of living in Richmond.

Where do people earn more, Grand Prairie or Richmond?

The typical household earns $88,026 in Grand Prairie and $69,657 in Richmond, 26% more in Grand Prairie.

More comparisons

All Grand Prairie comparisons → · All Richmond comparisons →

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