Boston, MA vs Richmond, VA
Cost of Living Comparison
Richmond, VA is more affordable by 10.4 index points
Side-by-Side Comparison
| Category | Boston, MA | Richmond, VA | Difference |
|---|---|---|---|
| Overall | 108.3 | 97.9 | +10.4 |
| Housing | 148.4 | 99.1 | +49.3 |
| Goods | 99.7 | 96.8 | +2.9 |
| Utilities | 148.8 | 89.2 | +59.5 |
| Other Services | 103.6 | 98.6 | +5.0 |
Income & Housing Comparison
| Metric | Boston, MA | Richmond, VA |
|---|---|---|
| Median Household Income | $107,117 | $80,877 |
| Median Home Value | $570,000 | $299,100 |
| Median Monthly Rent | $1,827 | $1,307 |
| Per Capita Income | $58,400 | $44,141 |
Frequently Asked Questions
Is Boston, MA or Richmond, VA cheaper to live in?
Richmond, VA is more affordable. The cost of living difference is 10.4 index points (Boston, MA: 108.3, Richmond, VA: 97.9).
Where is housing cheaper, Boston, MA or Richmond, VA?
Housing is more affordable in Richmond, VA. Housing index: Boston, MA (148.4) vs Richmond, VA (99.1).