Richmond is 3% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Salt Lake City to live the same way.
🏠 Rent per month
$1,644
$1,608
🛏️ 2-bedroom rent
$1,520
$1,657
💵 Families earn per year
$69,657
$80,985
🔑 Buying a house
$353,000
$539,500
📊 Overall prices (U.S. = 100)
97.9
100.9
🏛️ Property tax per year
$3,150
$2,729
⚡ Electric bill per month
$141
$77
👥 People living there
229,359
208,007
Commute to work
21.7 min
19.5 min
College degree
45.6%
51.5%
Own their home
43.5%
45.8%
Below poverty line
18.2%
13.6%
Unemployment
5.7%
4.2%
Bottom line
- Pick Richmond for cheaper 2-bedroom apartments, cheaper homes.
- Pick Salt Lake City for lower rent, higher incomes, shorter commutes and 3 more.
Pay for the same job
| Job | Richmond | Salt Lake City | Difference |
|---|---|---|---|
| Police Officer | $62,720 | $80,970 | +29% in Salt Lake City |
| Elementary School Teacher | $61,290 | $77,920 | +27% in Salt Lake City |
| Market Research Analyst | $81,660 | $64,670 | -21% in Salt Lake City |
| Server (Waiter/Waitress) | $38,470 | $32,320 | -16% in Salt Lake City |
| Carpenter | $51,870 | $59,870 | +15% in Salt Lake City |
| Cashier | $30,350 | $33,390 | +10% in Salt Lake City |
| Warehouse Worker | $40,270 | $44,190 | +10% in Salt Lake City |
| Dental Hygienist | $104,250 | $94,330 | -10% in Salt Lake City |
Frequently asked questions
Is Richmond or Salt Lake City cheaper to live in?
Richmond is about 3% cheaper overall. Rent is $1,644 a month there versus $1,608 in Salt Lake City.
What salary do I need in Salt Lake City to match $60,000 in Richmond?
About $61,846 a year gives the same standard of living in Salt Lake City.
Where do people earn more, Richmond or Salt Lake City?
The typical household earns $69,657 in Richmond and $80,985 in Salt Lake City, 14% more in Salt Lake City.
More comparisons
All Richmond comparisons → · All Salt Lake City comparisons →