Reno, NV vs Richmond, VA
Cost of Living Comparison
Equivalent Salary
$100,000 in Reno, NV = $100,554 in Richmond, VA
Buying power is 0.6% higher in Richmond, VA
Median Rent
$1,453 vs $1,314
-9.6% lower in Richmond, VA
Median Income
$78,448 vs $62,671
-20.1% lower in Richmond, VA
Home Value
$498,600 vs $328,100
-34.2% lower in Richmond, VA
Price Level
97.4 vs 98.0
US avg = 100
Salary Needed for Median Rent
$58,100 vs $52,600
30% of gross income guideline
Rent as % of Income
22.2% vs 25.2%
Lower is more affordable