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
$1,881
$1,644
🛏️ 2-bedroom rent
$1,652
$1,520
💵 Families earn per year
$83,445
$69,657
🔑 Buying a house
$413,600
$353,000
📊 Overall prices (U.S. = 100)
96.3
97.9
🏛️ Property tax per year
$2,472
$3,150
⚡ Electric bill per month
$144
$141
👥 People living there
690,130
229,359
Commute to work
24.7 min
21.7 min
College degree
48%
45.6%
Own their home
52.4%
43.5%
Below poverty line
14.1%
18.2%
Unemployment
4.5%
5.7%
Bottom line
- Pick Nashville for higher incomes, a more educated workforce, less poverty and 1 more.
- Pick Richmond for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Pay for the same job
| Job | Nashville | Richmond | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $29,390 | $38,470 | +31% in Richmond |
| Firefighter | $49,300 | $60,790 | +23% in Richmond |
| Registered Nurse | $84,040 | $93,580 | +11% in Richmond |
| Dental Hygienist | $94,030 | $104,250 | +11% in Richmond |
| Operations Manager | $119,990 | $108,670 | -9% in Richmond |
| Police Officer | $68,780 | $62,720 | -9% in Richmond |
| Nursing Assistant | $39,510 | $42,720 | +8% in Richmond |
| Accountant | $78,080 | $84,220 | +8% in Richmond |
Frequently asked questions
Is Nashville or Richmond cheaper to live in?
Nashville 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 Nashville?
About $60,947 a year gives the same standard of living in Richmond.
Where do people earn more, Nashville or Richmond?
The typical household earns $83,445 in Nashville and $69,657 in Richmond, 20% more in Nashville.