In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Compare Richmond, VA Cost of living To Other Cities
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This is how much you would need to earn in Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Median Income & Debt-To-Income Ratio
Median Income
Per Year
Per Month
Max Budget (28% DTI)
Max Budget (36% DTI)
Household
$25,938
$2,162
$605
$778
Virginia Sales Tax
State
General Sales Tax
With Max Surtax
Virginia
5.3%
6%
Virginia Income Tax
State
Income Tax (Low)
Income Tax (High)
Virginia
2%
5.75%
Goods & Services
Item
Richmond
National avg.
Difference
Haircut
$18.75
$16.09
16.6%
Beauty Salon
$42.38
$37.33
13.5%
Toothpaste
$1.81
$2.45
25.9%
Shampoo
$0.85
$1.00
15.0%
Movie
$10.98
$10.28
6.8%
Bowling
$6.07
$4.93
23.1%
Groceries
Item
Richmond
National avg.
Difference
Ground Beef
$3.41
$3.80
10.3%
Fried Chicken
$1.00
$1.40
28.6%
Milk
$1.75
$2.01
12.7%
Potatoes
$2.69
$3.01
10.5%
Pizza
$10.52
$9.89
6.4%
Beer
$9.40
$8.90
5.7%
Health Care
Item
Richmond
National avg.
Difference
Optometrist
$110.15
$102.16
7.8%
Doctor
$109.61
$108.36
1.2%
Dentist
$115.26
$92.53
24.6%
Ibuprofen
$8.42
$9.28
9.3%
Lipitor
$403.84
$425.82
5.2%
Housing
Item
Richmond
National avg.
Difference
Home Price
$199,300.00
$184,700.00
7.9%
Avg. Mortgage Payment
$1,057.00
$1,202.44
12.1%
Apartment Rent
$916.00
$949.00
3.5%
Transportation
Item
Richmond
National avg.
Difference
Gasoline
$2.05
$2.24
8.6%
Tire Balancing
$43.13
$46.29
6.8%
Utilities
Item
Richmond
National avg.
Difference
All Electricity
$155.74
$165.96
6.2%
Phone
$34.95
$28.68
21.8%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.
