salaryLouisville 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
$1,278
$1,644
🛏️ 2-bedroom rent
$1,200
$1,520
💵 Families earn per year
$72,097
$69,657
🔑 Buying a house
$233,900
$353,000
📊 Overall prices (U.S. = 100)
93.1
97.9
🏛️ Property tax per year
$1,989
$3,150
⚡ Electric bill per month
$167
$141
👥 People living there
631,818
229,359
Commute to work
22.5 min
21.7 min
College degree
33.8%
45.6%
Own their home
60.7%
43.5%
Below poverty line
15.8%
18.2%
Unemployment
5.5%
5.7%
Bottom line
- Pick Louisville for lower rent, cheaper 2-bedroom apartments, higher incomes and 3 more.
- Pick Richmond for shorter commutes, a more educated workforce.
Pay for the same job
| Job | Louisville | Richmond | Difference |
|---|---|---|---|
| Firefighter | $45,160 | $60,790 | +35% in Richmond |
| Market Research Analyst | $63,280 | $81,660 | +29% in Richmond |
| Dental Hygienist | $81,390 | $104,250 | +28% in Richmond |
| Server (Waiter/Waitress) | $30,180 | $38,470 | +27% in Richmond |
| Operations Manager | $89,140 | $108,670 | +22% in Richmond |
| Software Developer | $110,270 | $132,120 | +20% in Richmond |
| Plumber | $74,680 | $61,480 | -18% in Richmond |
| Lawyer | $124,530 | $144,910 | +16% in Richmond |
Frequently asked questions
Is Louisville or Richmond cheaper to live in?
Louisville is about 5% cheaper overall. Rent is $1,278 a month there versus $1,644 in Richmond.
What salary do I need in Richmond to match $60,000 in Louisville?
About $63,084 a year gives the same standard of living in Richmond.
Where do people earn more, Louisville or Richmond?
The typical household earns $72,097 in Louisville and $69,657 in Richmond, 4% more in Louisville.