salaryRichmond is 14% 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
$2,498
$1,644
🛏️ 2-bedroom rent
$2,339
$1,520
💵 Families earn per year
$88,371
$69,657
🔑 Buying a house
$921,200
$353,000
📊 Overall prices (U.S. = 100)
113.6
97.9
🏛️ Property tax per year
$6,050
$3,150
⚡ Electric bill per month
$151
$141
👥 People living there
3,857,263
229,359
Commute to work
30.7 min
21.7 min
College degree
38.5%
45.6%
Own their home
36%
43.5%
Below poverty line
16.5%
18.2%
Unemployment
8.2%
5.7%
Bottom line
- Pick Los Angeles for higher incomes, less poverty.
- Pick Richmond for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
Pay for the same job
| Job | Los Angeles | Richmond | Difference |
|---|---|---|---|
| Police Officer | $121,980 | $62,720 | -49% in Richmond |
| Elementary School Teacher | $101,860 | $61,290 | -40% in Richmond |
| Firefighter | $98,050 | $60,790 | -38% in Richmond |
| Carpenter | $75,740 | $51,870 | -32% in Richmond |
| Registered Nurse | $135,560 | $93,580 | -31% in Richmond |
| Lawyer | $194,410 | $144,910 | -25% in Richmond |
| Physician Assistant | $161,890 | $126,810 | -22% in Richmond |
| Nurse Practitioner | $161,470 | $127,820 | -21% in Richmond |
Frequently asked questions
Is Los Angeles or Richmond cheaper to live in?
Richmond is about 14% cheaper overall. Rent is $1,644 a month there versus $2,498 in Los Angeles.
What salary do I need in Richmond to match $60,000 in Los Angeles?
About $51,701 a year gives the same standard of living in Richmond.
Where do people earn more, Los Angeles or Richmond?
The typical household earns $88,371 in Los Angeles and $69,657 in Richmond, 27% more in Los Angeles.