salaryRichmond is 8% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Vancouver to live the same way.
🏠 Rent per month
$1,644
$1,894
🛏️ 2-bedroom rent
$1,520
$1,788
💵 Families earn per year
$69,657
$87,723
🔑 Buying a house
$353,000
$462,400
📊 Overall prices (U.S. = 100)
97.9
105.4
🏛️ Property tax per year
$3,150
$3,899
⚡ Electric bill per month
$141
$105
👥 People living there
229,359
195,300
Commute to work
21.7 min
23.2 min
College degree
45.6%
32.3%
Own their home
43.5%
50.8%
Below poverty line
18.2%
10.2%
Unemployment
5.7%
5.7%
Bottom line
- Pick Richmond for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Vancouver for higher incomes, less poverty.
Pay for the same job
| Job | Richmond | Vancouver | Difference |
|---|---|---|---|
| Electrician | $61,350 | $105,090 | +71% in Vancouver |
| Plumber | $61,480 | $101,010 | +64% in Vancouver |
| Police Officer | $62,720 | $97,200 | +55% in Vancouver |
| Server (Waiter/Waitress) | $38,470 | $54,780 | +42% in Vancouver |
| Carpenter | $51,870 | $73,710 | +42% in Vancouver |
| Firefighter | $60,790 | $85,170 | +40% in Vancouver |
| Registered Nurse | $93,580 | $130,310 | +39% in Vancouver |
| Elementary School Teacher | $61,290 | $82,330 | +34% in Vancouver |
Frequently asked questions
Is Richmond or Vancouver cheaper to live in?
Richmond is about 8% cheaper overall. Rent is $1,644 a month there versus $1,894 in Vancouver.
What salary do I need in Vancouver to match $60,000 in Richmond?
About $64,637 a year gives the same standard of living in Vancouver.
Where do people earn more, Richmond or Vancouver?
The typical household earns $69,657 in Richmond and $87,723 in Vancouver, 21% more in Vancouver.