Raleigh, North Carolina vs. Richmond, Virginia

Cost of Living Comparison

The cost of living in Richmond, Virginia is 6.2% cheaper than Raleigh, North Carolina.

You would need a salary of $142,648 in Richmond, Virginia to maintain the standard of living you have in Raleigh, North Carolina.
Comparison highlights
• Overall, Richmond, Virginia is cheaper than Raleigh, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
23% cheaper in Richmond
than in Raleigh, North Carolina
Raleigh, NC vs. Richmond, VA
Compared to Raleigh, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  6.2% 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
  2.6% lower
  Housing (Homeowner)
  21.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.2% lower
  Commute
  5.8% lower
  Health
  4.6% higher
  Taxes
  Childcare
  Personal
  7.4% higher