salaryRichmond is 5% 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
$2,010
$1,644
🛏️ 2-bedroom rent
$2,058
$1,520
💵 Families earn per year
$121,065
$69,657
🔑 Buying a house
$465,900
$353,000
📊 Overall prices (U.S. = 100)
103.1
97.9
🏛️ Property tax per year
$6,700
$3,150
⚡ Electric bill per month
$176
$141
👥 People living there
290,594
229,359
Commute to work
25.4 min
21.7 min
College degree
60.5%
45.6%
Own their home
56.9%
43.5%
Below poverty line
6.8%
18.2%
Unemployment
4%
5.7%
Bottom line
- Pick Plano 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 | Plano | Richmond | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $24,160 | $38,470 | +59% in Richmond |
| Police Officer | $92,910 | $62,720 | -32% in Richmond |
| Computer Systems Analyst | $122,520 | $105,190 | -14% in Richmond |
| Lawyer | $168,510 | $144,910 | -14% in Richmond |
| Nursing Assistant | $38,530 | $42,720 | +11% in Richmond |
| Market Research Analyst | $75,240 | $81,660 | +9% in Richmond |
| Registered Nurse | $101,420 | $93,580 | -8% in Richmond |
| Carpenter | $48,740 | $51,870 | +6% in Richmond |
Frequently asked questions
Is Plano or Richmond cheaper to live in?
Richmond is about 5% cheaper overall. Rent is $1,644 a month there versus $2,010 in Plano.
What salary do I need in Richmond to match $60,000 in Plano?
About $56,955 a year gives the same standard of living in Richmond.
Where do people earn more, Plano or Richmond?
The typical household earns $121,065 in Plano and $69,657 in Richmond, 74% more in Plano.