Houston, TX vs Richmond, VA
Cost of Living Comparison
⚖️
Equivalent Salary
$100,000 in Houston, TX = $97,773 in Richmond, VA
Buying power is -2.2% lower in Richmond, VA
Median Rent
$1,313 vs $1,314
0.1% higher in Richmond, VA
Median Income
$62,894 vs $62,671
-0.4% lower in Richmond, VA
Home Value
$253,400 vs $328,100
29.5% higher in Richmond, VA
Price Level
100.2 vs 98.0
US avg = 100
Salary Needed for Median Rent
$52,500 vs $52,600
30% of gross income guideline
Rent as % of Income
25.1% vs 25.2%
Lower is more affordable