Richmond is 8% 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
$2,618
$1,644
🛏️ 2-bedroom rent
$2,120
$1,520
💵 Families earn per year
$95,923
$69,657
🔑 Buying a house
$607,600
$353,000
📊 Overall prices (U.S. = 100)
106.4
97.9
🏛️ Property tax per year
$3,638
$3,150
⚡ Electric bill per month
$134
$141
👥 People living there
180,547
229,359
Commute to work
31.5 min
21.7 min
College degree
22.5%
45.6%
Own their home
58%
43.5%
Below poverty line
12.4%
18.2%
Unemployment
6.3%
5.7%
Bottom line
- Pick Ontario for higher incomes, less poverty.
- Pick Richmond for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
Pay for the same job
| Job | Ontario | Richmond | Difference |
|---|---|---|---|
| Police Officer | $101,870 | $62,720 | -38% in Richmond |
| Elementary School Teacher | $98,520 | $61,290 | -38% in Richmond |
| Registered Nurse | $133,940 | $93,580 | -30% in Richmond |
| Carpenter | $70,880 | $51,870 | -27% in Richmond |
| Nurse Practitioner | $169,920 | $127,820 | -25% in Richmond |
| Physician Assistant | $165,490 | $126,810 | -23% in Richmond |
| Firefighter | $79,160 | $60,790 | -23% in Richmond |
| Civil Engineer | $115,120 | $91,300 | -21% in Richmond |
Frequently asked questions
Is Ontario or Richmond cheaper to live in?
Richmond is about 8% cheaper overall. Rent is $1,644 a month there versus $2,618 in Ontario.
What salary do I need in Richmond to match $60,000 in Ontario?
About $55,161 a year gives the same standard of living in Richmond.
Where do people earn more, Ontario or Richmond?
The typical household earns $95,923 in Ontario and $69,657 in Richmond, 38% more in Ontario.