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
$1,751
$1,644
🛏️ 2-bedroom rent
$1,396
$1,520
💵 Families earn per year
$74,533
$69,657
🔑 Buying a house
$244,500
$353,000
📊 Overall prices (U.S. = 100)
95.5
97.9
🏛️ Property tax per year
$2,493
$3,150
⚡ Electric bill per month
$100
$141
👥 People living there
198,535
229,359
Commute to work
19 min
21.7 min
College degree
41.6%
45.6%
Own their home
54%
43.5%
Below poverty line
16.9%
18.2%
Unemployment
5.2%
5.7%
Bottom line
- Pick Grand Rapids for cheaper 2-bedroom apartments, higher incomes, cheaper homes and 3 more.
- Pick Richmond for lower rent, a more educated workforce.
Pay for the same job
| Job | Grand Rapids | Richmond | Difference |
|---|---|---|---|
| Market Research Analyst | $64,880 | $81,660 | +26% in Richmond |
| Dental Hygienist | $84,290 | $104,250 | +24% in Richmond |
| Plumber | $80,440 | $61,480 | -24% in Richmond |
| Software Developer | $107,520 | $132,120 | +23% in Richmond |
| Police Officer | $74,920 | $62,720 | -16% in Richmond |
| Carpenter | $59,000 | $51,870 | -12% in Richmond |
| Lawyer | $129,360 | $144,910 | +12% in Richmond |
| Medical Assistant | $39,890 | $44,490 | +12% in Richmond |
Frequently asked questions
Is Grand Rapids or Richmond cheaper to live in?
Grand Rapids 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 Rapids?
About $61,452 a year gives the same standard of living in Richmond.
Where do people earn more, Grand Rapids or Richmond?
The typical household earns $74,533 in Grand Rapids and $69,657 in Richmond, 7% more in Grand Rapids.