Lincoln is 7% 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
$1,328
$1,644
🛏️ 2-bedroom rent
$1,219
$1,520
💵 Families earn per year
$77,509
$69,657
🔑 Buying a house
$264,000
$353,000
📊 Overall prices (U.S. = 100)
91.6
97.9
🏛️ Property tax per year
$4,023
$3,150
⚡ Electric bill per month
$104
$141
👥 People living there
294,856
229,359
Commute to work
18.4 min
21.7 min
College degree
41.8%
45.6%
Own their home
56.1%
43.5%
Below poverty line
12.7%
18.2%
Unemployment
3.3%
5.7%
Bottom line
- Pick Lincoln for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
- Pick Richmond for a more educated workforce.
Pay for the same job
| Job | Lincoln | Richmond | Difference |
|---|---|---|---|
| Lawyer | $101,300 | $144,910 | +43% in Richmond |
| Market Research Analyst | $58,750 | $81,660 | +39% in Richmond |
| Police Officer | $93,680 | $62,720 | -33% in Richmond |
| Software Developer | $101,690 | $132,120 | +30% in Richmond |
| Accountant | $65,170 | $84,220 | +29% in Richmond |
| Truck Driver | $81,790 | $58,190 | -29% in Richmond |
| Computer Systems Analyst | $87,500 | $105,190 | +20% in Richmond |
| Operations Manager | $92,780 | $108,670 | +17% in Richmond |
Frequently asked questions
Is Lincoln or Richmond cheaper to live in?
Lincoln is about 7% cheaper overall. Rent is $1,328 a month there versus $1,644 in Richmond.
What salary do I need in Richmond to match $60,000 in Lincoln?
About $64,112 a year gives the same standard of living in Richmond.
Where do people earn more, Lincoln or Richmond?
The typical household earns $77,509 in Lincoln and $69,657 in Richmond, 11% more in Lincoln.