Laurel, Maryland vs. Richmond, Virginia

Cost of Living Comparison

The cost of living in Richmond, Virginia is 21.6% cheaper than Laurel, Maryland.

You would need a salary of $48,991 in Richmond, Virginia to maintain the standard of living you have in Laurel, Maryland.
Comparison highlights
• Overall, Richmond, Virginia is cheaper than Laurel, Maryland
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
20% cheaper in Richmond
than in Laurel, Maryland
Laurel, MD vs. Richmond, VA
Compared to Laurel, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  21.6% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  8.8% lower
  Housing (Homeowner)
  35.0% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  8.8% lower
  Commute
  39.5% lower
  Health
  13.8% higher
  Taxes
  Childcare
  Personal
  7.9% lower