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MEMPHIS vs. RICHMOND
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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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
$403,000
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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