Richmond is 12% 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
$2,591
$1,644
🛏️ 2-bedroom rent
$2,138
$1,520
💵 Families earn per year
$100,540
$69,657
🔑 Buying a house
$503,700
$353,000
📊 Overall prices (U.S. = 100)
110.7
97.9
🏛️ Property tax per year
$3,349
$3,150
⚡ Electric bill per month
$168
$141
👥 People living there
211,666
229,359
Commute to work
35.5 min
21.7 min
College degree
17.8%
45.6%
Own their home
63.3%
43.5%
Below poverty line
11.7%
18.2%
Unemployment
7.1%
5.7%
Bottom line
- Pick Moreno Valley for higher incomes, less poverty.
- Pick Richmond for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
Frequently asked questions
Is Moreno Valley or Richmond cheaper to live in?
Richmond is about 12% cheaper overall. Rent is $1,644 a month there versus $2,591 in Moreno Valley.
What salary do I need in Richmond to match $60,000 in Moreno Valley?
About $53,030 a year gives the same standard of living in Richmond.
Where do people earn more, Moreno Valley or Richmond?
The typical household earns $100,540 in Moreno Valley and $69,657 in Richmond, 44% more in Moreno Valley.
More comparisons
All Moreno Valley comparisons → · All Richmond comparisons →