Austin, TX vs Richmond, VA
Cost of Living Comparison
⚖️
Equivalent Salary
$100,000 in Austin, TX = $100,377 in Richmond, VA
Buying power is 0.4% higher in Richmond, VA
Median Rent
$1,655 vs $1,314
-20.6% lower in Richmond, VA
Median Income
$91,461 vs $62,671
-31.5% lower in Richmond, VA
Home Value
$512,700 vs $328,100
-36.0% lower in Richmond, VA
Price Level
97.6 vs 98.0
US avg = 100
Salary Needed for Median Rent
$66,200 vs $52,600
30% of gross income guideline
Rent as % of Income
21.7% vs 25.2%
Lower is more affordable