Little Rock is 10% 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
$1,277
$1,644
🛏️ 2-bedroom rent
$1,175
$1,520
💵 Families earn per year
$67,949
$69,657
🔑 Buying a house
$236,400
$353,000
📊 Overall prices (U.S. = 100)
89.4
97.9
🏛️ Property tax per year
$1,902
$3,150
⚡ Electric bill per month
$154
$141
👥 People living there
203,436
229,359
Commute to work
18.5 min
21.7 min
College degree
44.6%
45.6%
Own their home
53.5%
43.5%
Below poverty line
17.5%
18.2%
Unemployment
4.1%
5.7%
Bottom line
- Pick Little Rock for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
- Pick Richmond for higher incomes, a more educated workforce.
Pay for the same job
| Job | Little Rock | Richmond | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $24,610 | $38,470 | +56% in Richmond |
| Lawyer | $97,870 | $144,910 | +48% in Richmond |
| Operations Manager | $76,080 | $108,670 | +43% in Richmond |
| Computer Systems Analyst | $78,560 | $105,190 | +34% in Richmond |
| Market Research Analyst | $62,790 | $81,660 | +30% in Richmond |
| Accountant | $65,810 | $84,220 | +28% in Richmond |
| Electrician | $48,200 | $61,350 | +27% in Richmond |
| Software Developer | $104,070 | $132,120 | +27% in Richmond |
Frequently asked questions
Is Little Rock or Richmond cheaper to live in?
Little Rock is about 10% cheaper overall. Rent is $1,277 a month there versus $1,644 in Richmond.
What salary do I need in Richmond to match $60,000 in Little Rock?
About $65,703 a year gives the same standard of living in Richmond.
Where do people earn more, Little Rock or Richmond?
The typical household earns $67,949 in Little Rock and $69,657 in Richmond, 2% more in Richmond.