City Comparison

Juneau vs Richmond

Cost of Living Comparison · 2026

Juneau

Alaska
127
Expensive
$524,000
Median Home
$1,475/mo
Median Rent
$105,000
Median Income

Richmond

Virginia
103
Average
$300,000
Median Home
$1,400/mo
Median Rent
$50,120
Median Income

The Verdict

23.3%

The cost gap between these cities is 23.3%, with Richmond being the more affordable option. A $75,000 income in Juneau has equivalent purchasing power to $60,827 in Richmond.

Category-by-Category Breakdown

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

Housing
131
Juneau
108
Richmond
Groceries
123
Juneau
100
Richmond
Utilities
140
Juneau
97
Richmond
Transportation
125
Juneau
100
Richmond
Healthcare
151
Juneau
100
Richmond

Salary Equivalence

A $75,000 salary in Juneau has the same purchasing power as $60,827 in Richmond.

Conversely, $75,000 in Richmond equals $92,476 in Juneau.

Living in Juneau vs Richmond

Housing Costs

Juneau's housing index of 131 is higher Richmond's 108, translating to median home prices of $524,000 vs $300,000. The $224,000 difference in home prices means roughly $14,556 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,475/mo in Juneau compared to $1,400/mo in Richmond, a monthly difference of $75.

Grocery & Food Costs

Grocery expenses index at 123 in Juneau and 100 in Richmond. A household spending the national average of $475/month on groceries would pay approximately $584/month in Juneau vs $475/month in Richmond. Richmond offers a meaningful advantage on everyday food costs, saving roughly $1308/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 140 in Juneau and 97 in Richmond. Monthly utility bills average approximately $560 in Juneau vs $388 in Richmond. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 151 in Juneau and 100 in Richmond. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 51-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $105,000 in Juneau and $50,120 in Richmond. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $82,677 and $48,660 respectively. Juneau residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,450/month to housing in Juneau vs $1,169/month in Richmond. In Juneau, median rent of $1,475/mo fits within this budget. In Richmond, median rent of $1,400/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Healthcare, where the gap is 51 index points — focus your budget analysis there.

Frequently Asked Questions

Richmond is 23.3% more affordable overall with an index of 103 vs 127.
A $75,000 salary in Juneau has equivalent purchasing power to approximately $60,827 in Richmond, based on the cost of living difference.
Juneau's housing index is 131 with median homes at $524,000, while Richmond's is 108 with median homes at $300,000.

Moving & Relocation Resources

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