salaryRichmond is 4% 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
$1,964
$1,644
🛏️ 2-bedroom rent
$1,603
$1,520
💵 Families earn per year
$73,466
$69,657
🔑 Buying a house
$362,200
$353,000
📊 Overall prices (U.S. = 100)
101.8
97.9
🏛️ Property tax per year
$4,418
$3,150
⚡ Electric bill per month
$126
$141
👥 People living there
191,767
229,359
Commute to work
25 min
21.7 min
College degree
34.6%
45.6%
Own their home
41.4%
43.5%
Below poverty line
20.7%
18.2%
Unemployment
8.2%
5.7%
Bottom line
- Pick Providence for higher incomes.
- Pick Richmond for lower rent, cheaper 2-bedroom apartments, cheaper homes and 4 more.
Pay for the same job
| Job | Providence | Richmond | Difference |
|---|---|---|---|
| Elementary School Teacher | $86,720 | $61,290 | -29% in Richmond |
| Plumber | $79,820 | $61,480 | -23% in Richmond |
| Licensed Practical Nurse | $78,990 | $64,030 | -19% in Richmond |
| Police Officer | $76,850 | $62,720 | -18% in Richmond |
| Computer Systems Analyst | $128,580 | $105,190 | -18% in Richmond |
| Electrician | $73,980 | $61,350 | -17% in Richmond |
| Dental Hygienist | $89,310 | $104,250 | +17% in Richmond |
| Carpenter | $61,910 | $51,870 | -16% in Richmond |
Frequently asked questions
Is Providence or Richmond cheaper to live in?
Richmond is about 4% cheaper overall. Rent is $1,644 a month there versus $1,964 in Providence.
What salary do I need in Richmond to match $60,000 in Providence?
About $57,692 a year gives the same standard of living in Richmond.
Where do people earn more, Providence or Richmond?
The typical household earns $73,466 in Providence and $69,657 in Richmond, 5% more in Providence.