Richmond is 11% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Washington to live the same way.
🏠 Rent per month
$1,644
$2,370
🛏️ 2-bedroom rent
$1,520
$2,192
💵 Families earn per year
$69,657
$118,495
🔑 Buying a house
$353,000
$737,100
📊 Overall prices (U.S. = 100)
97.9
108.9
🏛️ Property tax per year
$3,150
$4,312
⚡ Electric bill per month
$141
$96
👥 People living there
229,359
681,294
Commute to work
21.7 min
30 min
College degree
45.6%
64.2%
Own their home
43.5%
41.5%
Below poverty line
18.2%
15.4%
Unemployment
5.7%
6.3%
Bottom line
- Pick Richmond for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Washington for higher incomes, a more educated workforce, less poverty.
Pay for the same job
| Job | Richmond | Washington | Difference |
|---|---|---|---|
| Operations Manager | $108,670 | $156,460 | +44% in Washington |
| Lawyer | $144,910 | $195,190 | +35% in Washington |
| Police Officer | $62,720 | $84,000 | +34% in Washington |
| Elementary School Teacher | $61,290 | $79,470 | +30% in Washington |
| Electrician | $61,350 | $75,930 | +24% in Washington |
| HVAC Technician | $59,130 | $71,920 | +22% in Washington |
| Accountant | $84,220 | $102,140 | +21% in Washington |
| Computer Systems Analyst | $105,190 | $127,040 | +21% in Washington |
Frequently asked questions
Is Richmond or Washington cheaper to live in?
Richmond is about 11% cheaper overall. Rent is $1,644 a month there versus $2,370 in Washington.
What salary do I need in Washington to match $60,000 in Richmond?
About $66,760 a year gives the same standard of living in Washington.
Where do people earn more, Richmond or Washington?
The typical household earns $69,657 in Richmond and $118,495 in Washington, 41% more in Washington.