Zip 23219 (Richmond, VA) Cost of Living


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Richmond cost of living score
95.2
Less expensive
4.8% lower
than the US average
8.6% lower
than the Virginia average
Richmond (zip 23219), Virginia gets a BestPlaces Cost of Living score of 95.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.8% lower than the U.S. average and 8.6% lower than the average for Virginia.

Zip 23219 (Richmond, VA)

Housing costs in Richmond?
A typical home costs $317,200, which is 6.2% less expensive than the national average of $338,100 and 7.6% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Richmond costs $1,320 per month, which is 5.7% cheaper than the national average of $1,400 and close to the state average of $1,330.

Can I afford Richmond?
To live comfortably in Richmond (zip 23219), Virginia, a minimum annual income of $60,840 for a family, and $46,400 for a single person is recommended.

What does A.I. say about Richmond?
The cost of living in 23219 Richmond, VA is quite reasonable. The median home value is approximately $179,000, making it one of the most affordable cities in the United States. The cost of groceries, utilities and healthcare are also relatively low compared to other parts of the country. Additionally, the city has a low unemployment rate which helps make it a great place to live and work. With all these positive factors combined, 23219 Richmond, VA makes for an ideal location to purchase a home or rent an apartment.
   Cost of living score
     CategoriesRichmondVirginiaUnited States
  95.2104.2100.0
  98.899.6100
  99.2103.1100.0
  94.8112.9100.0
  $317,200$343,200$338,100
  100.5%99.3%100.0%
  91.799.4100.0
  135.3113.7100.0

   100=National Average

   Average Rent by Bedroom Size
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