Summit, New Jersey vs. Richmond, Virginia

Cost of Living Comparison

The cost of living in Richmond, Virginia is 48.7% cheaper than Summit, New Jersey.

You would need a salary of $87,270 in Richmond, Virginia to maintain the standard of living you have in Summit, New Jersey.
Comparison highlights
• Overall, Richmond, Virginia is cheaper than Summit, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
68% cheaper in Richmond
than in Summit, New Jersey
Summit, NJ vs. Richmond, VA
Compared to Summit, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  48.7% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  13.2% lower
  Housing (Homeowner)
  76.2% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  7.3% lower
  Commute
  41.4% lower
  Health
  1.7% higher
  Taxes
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  Childcare
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  Personal
  2.4% lower
Cost of Food
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