Richmond is 6% 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
$1,988
$1,644
🛏️ 2-bedroom rent
$1,761
$1,520
💵 Families earn per year
$86,162
$69,657
🔑 Buying a house
$442,700
$353,000
📊 Overall prices (U.S. = 100)
104.1
97.9
🏛️ Property tax per year
$2,835
$3,150
⚡ Electric bill per month
$166
$141
👥 People living there
219,215
229,359
Commute to work
30.2 min
21.7 min
College degree
21.2%
45.6%
Own their home
58.9%
43.5%
Below poverty line
13.3%
18.2%
Unemployment
7.2%
5.7%
Bottom line
- Pick Modesto 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 | Modesto | Richmond | Difference |
|---|---|---|---|
| Elementary School Teacher | $101,640 | $61,290 | -40% in Richmond |
| Police Officer | $98,230 | $62,720 | -36% in Richmond |
| Carpenter | $73,730 | $51,870 | -30% in Richmond |
| Registered Nurse | $132,590 | $93,580 | -29% in Richmond |
| Nurse Practitioner | $173,380 | $127,820 | -26% in Richmond |
| Physician Assistant | $165,730 | $126,810 | -23% in Richmond |
| Firefighter | $77,370 | $60,790 | -21% in Richmond |
| Electrician | $76,710 | $61,350 | -20% in Richmond |
Frequently asked questions
Is Modesto or Richmond cheaper to live in?
Richmond is about 6% cheaper overall. Rent is $1,644 a month there versus $1,988 in Modesto.
What salary do I need in Richmond to match $60,000 in Modesto?
About $56,398 a year gives the same standard of living in Richmond.
Where do people earn more, Modesto or Richmond?
The typical household earns $86,162 in Modesto and $69,657 in Richmond, 24% more in Modesto.