Richmond is 3% 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
$1,783
$1,644
🛏️ 2-bedroom rent
$1,726
$1,520
💵 Families earn per year
$87,100
$69,657
🔑 Buying a house
$548,300
$353,000
📊 Overall prices (U.S. = 100)
101.0
97.9
🏛️ Property tax per year
$2,358
$3,150
⚡ Electric bill per month
$129
$141
👥 People living there
273,212
229,359
Commute to work
20.3 min
21.7 min
College degree
36.8%
45.6%
Own their home
49.8%
43.5%
Below poverty line
12.6%
18.2%
Unemployment
5.1%
5.7%
Bottom line
- Pick Reno for higher incomes, shorter commutes, 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 | Reno | Richmond | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $25,700 | $38,470 | +50% in Richmond |
| Police Officer | $92,130 | $62,720 | -32% in Richmond |
| Firefighter | $81,360 | $60,790 | -25% in Richmond |
| Market Research Analyst | $66,260 | $81,660 | +23% in Richmond |
| Plumber | $77,020 | $61,480 | -20% in Richmond |
| Licensed Practical Nurse | $78,600 | $64,030 | -19% in Richmond |
| Carpenter | $62,350 | $51,870 | -17% in Richmond |
| Electrician | $72,800 | $61,350 | -16% in Richmond |
Frequently asked questions
Is Reno or Richmond cheaper to live in?
Richmond is about 3% cheaper overall. Rent is $1,644 a month there versus $1,783 in Reno.
What salary do I need in Richmond to match $60,000 in Reno?
About $58,125 a year gives the same standard of living in Richmond.
Where do people earn more, Reno or Richmond?
The typical household earns $87,100 in Reno and $69,657 in Richmond, 25% more in Reno.