Raleigh, NC vs Richmond, VA
Cost of Living Comparison
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Equivalent Salary
$100,000 in Raleigh, NC = $99,999 in Richmond, VA
Buying power is -0.0% lower in Richmond, VA
Median Rent
$1,468 vs $1,314
-10.5% lower in Richmond, VA
Median Income
$82,424 vs $62,671
-24.0% lower in Richmond, VA
Home Value
$377,800 vs $328,100
-13.2% lower in Richmond, VA
Price Level
98.0 vs 98.0
US avg = 100
Salary Needed for Median Rent
$58,700 vs $52,600
30% of gross income guideline
Rent as % of Income
21.4% vs 25.2%
Lower is more affordable