Memphis, Tennessee vs. Richmond, Virginia

Cost of Living Comparison

The cost of living in Richmond, Virginia is 24.0% more expensive than Memphis, Tennessee.

You would need a salary of $179,800 in Richmond, Virginia to maintain the standard of living you have in Memphis, Tennessee.
Comparison highlights
• Overall, Richmond, Virginia is more expensive than Memphis, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
120% more expensive in Richmond
than in Memphis, Tennessee
Memphis, TN vs. Richmond, VA
Compared to Memphis, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  24.0% higher
      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
  5.0% higher
  Housing (Homeowner)
  149.9% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  2.7% higher
  Commute
  11.6% lower
  Health
  2.5% higher
  Taxes
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  Childcare
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  Personal
  19.6% higher
Cost of Food
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