Cost of Living in Richmond

Cost Breakdown by Category

Index values. National average = 100. Lower is more affordable.

💰 Purchasing Power

With a median income of $50,120 and a cost of living index of 103, the purchasing power-adjusted income in Richmond is $48,660.

This means you need a higher income in Richmond to match the purchasing power of an average US city.

→ See take-home pay for every salary in Virginia

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