Greensboro 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
$1,496
$1,644
🛏️ 2-bedroom rent
$1,210
$1,520
💵 Families earn per year
$66,344
$69,657
🔑 Buying a house
$244,800
$353,000
📊 Overall prices (U.S. = 100)
92.9
97.9
🏛️ Property tax per year
$2,286
$3,150
⚡ Electric bill per month
$129
$141
👥 People living there
301,198
229,359
Commute to work
21.7 min
21.7 min
College degree
41%
45.6%
Own their home
50.5%
43.5%
Below poverty line
17%
18.2%
Unemployment
5.1%
5.7%
Bottom line
- Pick Greensboro for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Richmond for higher incomes, a more educated workforce.
Pay for the same job
| Job | Greensboro | Richmond | Difference |
|---|---|---|---|
| Firefighter | $46,600 | $60,790 | +30% in Richmond |
| Server (Waiter/Waitress) | $30,060 | $38,470 | +28% in Richmond |
| Dental Hygienist | $84,250 | $104,250 | +24% in Richmond |
| Lawyer | $126,960 | $144,910 | +14% in Richmond |
| Registered Nurse | $82,860 | $93,580 | +13% in Richmond |
| Nursing Assistant | $38,260 | $42,720 | +12% in Richmond |
| Market Research Analyst | $74,060 | $81,660 | +10% in Richmond |
| Retail Salesperson | $30,750 | $33,580 | +9% in Richmond |
Frequently asked questions
Is Greensboro or Richmond cheaper to live in?
Greensboro is about 5% cheaper overall. Rent is $1,496 a month there versus $1,644 in Richmond.
What salary do I need in Richmond to match $60,000 in Greensboro?
About $63,226 a year gives the same standard of living in Richmond.
Where do people earn more, Greensboro or Richmond?
The typical household earns $66,344 in Greensboro and $69,657 in Richmond, 5% more in Richmond.