Novi, Michigan vs. Richmond, Virginia

Cost of Living Comparison

The cost of living in Richmond, Virginia is 16.2% cheaper than Novi, Michigan.

You would need a salary of $62,838 in Richmond, Virginia to maintain the standard of living you have in Novi, Michigan.
Comparison highlights
• Overall, Richmond, Virginia is cheaper than Novi, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
21% cheaper in Richmond
than in Novi, Michigan
Novi, MI vs. Richmond, VA
Compared to Novi, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  16.2% 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
  2.7% lower
  Housing (Homeowner)
  35.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  1.6% lower
  Commute
  30.2% lower
  Health
  24.2% higher
  Taxes
  Childcare
  Personal
  3.1% lower