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
$1,628
$1,644
🛏️ 2-bedroom rent
$1,322
$1,520
💵 Families earn per year
$71,299
$69,657
🔑 Buying a house
$289,900
$353,000
📊 Overall prices (U.S. = 100)
97.9
97.9
🏛️ Property tax per year
$2,890
$3,150
⚡ Electric bill per month
$147
$141
👥 People living there
233,596
229,359
Commute to work
23 min
21.7 min
College degree
33.5%
45.6%
Own their home
46.3%
43.5%
Below poverty line
16.5%
18.2%
Unemployment
5.7%
5.7%
Bottom line
- Pick Norfolk for lower rent, cheaper 2-bedroom apartments, higher incomes and 2 more.
- Pick Richmond for shorter commutes, a more educated workforce.
Pay for the same job
| Job | Norfolk | Richmond | Difference |
|---|---|---|---|
| Market Research Analyst | $69,560 | $81,660 | +17% in Richmond |
| Truck Driver | $50,460 | $58,190 | +15% in Richmond |
| Customer Service Representative | $38,150 | $42,660 | +12% in Richmond |
| Nursing Assistant | $38,990 | $42,720 | +10% in Richmond |
| Retail Salesperson | $30,820 | $33,580 | +9% in Richmond |
| Lawyer | $133,380 | $144,910 | +9% in Richmond |
| Operations Manager | $100,340 | $108,670 | +8% in Richmond |
| Firefighter | $56,940 | $60,790 | +7% in Richmond |
Frequently asked questions
Is Norfolk or Richmond cheaper to live in?
Norfolk 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 Norfolk?
About $59,949 a year gives the same standard of living in Richmond.
Where do people earn more, Norfolk or Richmond?
The typical household earns $71,299 in Norfolk and $69,657 in Richmond, 2% more in Norfolk.