Richmond is 10% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Yonkers to live the same way.
🏠 Rent per month
$1,644
$2,436
🛏️ 2-bedroom rent
$1,520
$2,060
💵 Families earn per year
$69,657
$90,108
🔑 Buying a house
$353,000
$501,600
📊 Overall prices (U.S. = 100)
97.9
107.9
🏛️ Property tax per year
$3,150
$9,676
⚡ Electric bill per month
$141
$157
👥 People living there
229,359
209,978
Commute to work
21.7 min
35.6 min
College degree
45.6%
35.7%
Own their home
43.5%
46.2%
Below poverty line
18.2%
13.8%
Unemployment
5.7%
7.1%
Bottom line
- Pick Richmond for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
- Pick Yonkers for higher incomes, less poverty.
Frequently asked questions
Is Richmond or Yonkers cheaper to live in?
Richmond is about 10% cheaper overall. Rent is $1,644 a month there versus $2,436 in Yonkers.
What salary do I need in Yonkers to match $60,000 in Richmond?
About $66,170 a year gives the same standard of living in Yonkers.
Where do people earn more, Richmond or Yonkers?
The typical household earns $69,657 in Richmond and $90,108 in Yonkers, 23% more in Yonkers.