salaryAbout the sameBased 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
$1,284
$1,644
🛏️ 2-bedroom rent
$1,170
$1,520
💵 Families earn per year
$58,491
$69,657
🔑 Buying a house
$184,000
$353,000
📊 Overall prices (U.S. = 100)
96.9
97.9
🏛️ Property tax per year
$3,668
$3,150
⚡ Electric bill per month
$156
$141
👥 People living there
566,973
229,359
Commute to work
22.4 min
21.7 min
College degree
27.4%
45.6%
Own their home
41.8%
43.5%
Below poverty line
22.8%
18.2%
Unemployment
6.2%
5.7%
Bottom line
- Pick Milwaukee for lower rent, cheaper 2-bedroom apartments, cheaper homes.
- Pick Richmond for higher incomes, shorter commutes, a more educated workforce and 2 more.
Pay for the same job
| Job | Milwaukee | Richmond | Difference |
|---|---|---|---|
| Plumber | $84,700 | $61,480 | -27% in Richmond |
| Server (Waiter/Waitress) | $30,330 | $38,470 | +27% in Richmond |
| Police Officer | $82,090 | $62,720 | -24% in Richmond |
| Firefighter | $49,760 | $60,790 | +22% in Richmond |
| Electrician | $77,800 | $61,350 | -21% in Richmond |
| Carpenter | $63,910 | $51,870 | -19% in Richmond |
| Operations Manager | $125,490 | $108,670 | -13% in Richmond |
| Customer Service Representative | $47,840 | $42,660 | -11% in Richmond |
Frequently asked questions
Is Milwaukee or Richmond cheaper to live in?
Milwaukee and Richmond cost about the same once rent and everyday costs are combined.
What salary do I need in Richmond to match $60,000 in Milwaukee?
About $60,570 a year gives the same standard of living in Richmond.
Where do people earn more, Milwaukee or Richmond?
The typical household earns $58,491 in Milwaukee and $69,657 in Richmond, 16% more in Richmond.