salaryRichmond is 15% 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
$2,511
$1,644
🛏️ 2-bedroom rent
$2,352
$1,520
💵 Families earn per year
$109,576
$69,657
🔑 Buying a house
$929,900
$353,000
📊 Overall prices (U.S. = 100)
115.6
97.9
🏛️ Property tax per year
$8,575
$3,150
⚡ Electric bill per month
$127
$141
👥 People living there
439,418
229,359
Commute to work
29.8 min
21.7 min
College degree
48.7%
45.6%
Own their home
42.3%
43.5%
Below poverty line
13.4%
18.2%
Unemployment
6.4%
5.7%
Bottom line
- Pick Oakland for higher incomes, a more educated workforce, less poverty.
- Pick Richmond for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Pay for the same job
| Job | Oakland | Richmond | Difference |
|---|---|---|---|
| Police Officer | $132,000 | $62,720 | -52% in Richmond |
| Registered Nurse | $186,610 | $93,580 | -50% in Richmond |
| Firefighter | $113,700 | $60,790 | -47% in Richmond |
| Carpenter | $89,200 | $51,870 | -42% in Richmond |
| Nurse Practitioner | $219,080 | $127,820 | -42% in Richmond |
| Elementary School Teacher | $101,860 | $61,290 | -40% in Richmond |
| Electrician | $92,830 | $61,350 | -34% in Richmond |
| Market Research Analyst | $123,250 | $81,660 | -34% in Richmond |
Frequently asked questions
Is Oakland or Richmond cheaper to live in?
Richmond is about 15% cheaper overall. Rent is $1,644 a month there versus $2,511 in Oakland.
What salary do I need in Richmond to match $60,000 in Oakland?
About $50,786 a year gives the same standard of living in Richmond.
Where do people earn more, Oakland or Richmond?
The typical household earns $109,576 in Oakland and $69,657 in Richmond, 57% more in Oakland.