Richmond, Virginia vs. Towson, Maryland

Cost of Living Comparison

The cost of living in Towson, Maryland is 20.3% more expensive than Richmond, Virginia.

You would need a salary of $51,124 in Towson, Maryland to maintain the standard of living you have in Richmond, Virginia.
Comparison highlights
• Overall, Towson, Maryland is more expensive than Richmond, Virginia
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
30% more expensive in Towson
than in Richmond, Virginia
Richmond, VA vs. Towson, MD
Compared to Richmond, Towson is:
  Homeowner
      No Child Care, Taxes not Considered
  20.3% higher
      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
  6.1% higher
  Housing (Homeowner)
  57.7% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  7.5% higher
  Commute
  32.2% higher
  Health
  14.1% lower
  Taxes
  Childcare
  Personal
  2.8% higher