salaryNew Orleans 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
$1,508
$1,644
🛏️ 2-bedroom rent
$1,391
$1,520
💵 Families earn per year
$61,077
$69,657
🔑 Buying a house
$315,700
$353,000
📊 Overall prices (U.S. = 100)
92.6
97.9
🏛️ Property tax per year
$2,606
$3,150
⚡ Electric bill per month
$196
$141
👥 People living there
371,853
229,359
Commute to work
22.6 min
21.7 min
College degree
42.4%
45.6%
Own their home
51.2%
43.5%
Below poverty line
22.6%
18.2%
Unemployment
7.5%
5.7%
Bottom line
- Pick New Orleans 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 | New Orleans | Richmond | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $16,640 | $38,470 | +131% in Richmond |
| Firefighter | $37,250 | $60,790 | +63% in Richmond |
| Police Officer | $48,970 | $62,720 | +28% in Richmond |
| Market Research Analyst | $65,590 | $81,660 | +25% in Richmond |
| Nursing Assistant | $34,320 | $42,720 | +24% in Richmond |
| Software Developer | $106,950 | $132,120 | +24% in Richmond |
| Restaurant Cook | $30,520 | $37,080 | +21% in Richmond |
| Medical Assistant | $36,780 | $44,490 | +21% in Richmond |
Frequently asked questions
Is New Orleans or Richmond cheaper to live in?
New Orleans is about 6% cheaper overall. Rent is $1,508 a month there versus $1,644 in Richmond.
What salary do I need in Richmond to match $60,000 in New Orleans?
About $63,409 a year gives the same standard of living in Richmond.
Where do people earn more, New Orleans or Richmond?
The typical household earns $61,077 in New Orleans and $69,657 in Richmond, 12% more in Richmond.