Richmond is 14% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Tacoma to live the same way.
🏠 Rent per month
$1,644
$1,944
🛏️ 2-bedroom rent
$1,520
$1,883
💵 Families earn per year
$69,657
$92,626
🔑 Buying a house
$353,000
$479,600
📊 Overall prices (U.S. = 100)
97.9
111.1
🏛️ Property tax per year
$3,150
$4,482
⚡ Electric bill per month
$141
$148
👥 People living there
229,359
222,758
Commute to work
21.7 min
28.8 min
College degree
45.6%
34.5%
Own their home
43.5%
55.8%
Below poverty line
18.2%
12.4%
Unemployment
5.7%
5.6%
Bottom line
- Pick Richmond for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Tacoma for higher incomes, less poverty, lower unemployment.
Pay for the same job
| Job | Richmond | Tacoma | Difference |
|---|---|---|---|
| Police Officer | $62,720 | $115,120 | +84% in Tacoma |
| Elementary School Teacher | $61,290 | $102,920 | +68% in Tacoma |
| Firefighter | $60,790 | $101,090 | +66% in Tacoma |
| Electrician | $61,350 | $101,780 | +66% in Tacoma |
| Plumber | $61,480 | $95,230 | +55% in Tacoma |
| Server (Waiter/Waitress) | $38,470 | $57,280 | +49% in Tacoma |
| Carpenter | $51,870 | $76,410 | +47% in Tacoma |
| Cashier | $30,350 | $44,210 | +46% in Tacoma |
Frequently asked questions
Is Richmond or Tacoma cheaper to live in?
Richmond is about 14% cheaper overall. Rent is $1,644 a month there versus $1,944 in Tacoma.
What salary do I need in Tacoma to match $60,000 in Richmond?
About $68,139 a year gives the same standard of living in Tacoma.
Where do people earn more, Richmond or Tacoma?
The typical household earns $69,657 in Richmond and $92,626 in Tacoma, 25% more in Tacoma.