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Lexington-Fayette vs Richmond: which is cheaper?

Lexington-Fayette is 5% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $63,210 in Richmond to live the same way.

🏠 Rent per month
$1,463
$1,644
🛏️ 2-bedroom rent
$1,239
$1,520
💵 Families earn per year
$74,933
$69,657
🔑 Buying a house
$293,500
$353,000
📊 Overall prices (U.S. = 100)
92.9
97.9
🏛️ Property tax per year
$2,542
$3,150
⚡ Electric bill per month
$140
$141
👥 People living there
323,725
229,359
Commute to work
20.9 min
21.7 min
College degree
48.3%
45.6%
Own their home
53.8%
43.5%
Below poverty line
14.9%
18.2%
Unemployment
4.9%
5.7%

Bottom line

Pay for the same job

JobLexington-FayetteRichmondDifference
Firefighter$36,490$60,790+67% in Richmond
Operations Manager$80,440$108,670+35% in Richmond
Lawyer$111,040$144,910+31% in Richmond
Dental Hygienist$80,110$104,250+30% in Richmond
Market Research Analyst$65,280$81,660+25% in Richmond
Registered Nurse$79,040$93,580+18% in Richmond
Physician Assistant$112,230$126,810+13% in Richmond
Retail Salesperson$30,100$33,580+12% in Richmond

Frequently asked questions

Is Lexington-Fayette or Richmond cheaper to live in?

Lexington-Fayette is about 5% cheaper overall. Rent is $1,463 a month there versus $1,644 in Richmond.

What salary do I need in Richmond to match $60,000 in Lexington-Fayette?

About $63,210 a year gives the same standard of living in Richmond.

Where do people earn more, Lexington-Fayette or Richmond?

The typical household earns $74,933 in Lexington-Fayette and $69,657 in Richmond, 8% more in Lexington-Fayette.

More comparisons

All Lexington-Fayette comparisons → · All Richmond comparisons →

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