Fargo, ND vs Richmond, VA
Cost of Living Comparison
Fargo, ND is more affordable by 7.0 index points
Side-by-Side Comparison
| Category | Fargo, ND | Richmond, VA | Difference |
|---|---|---|---|
| Overall | 90.9 | 97.9 | -7.0 |
| Housing | 81.1 | 99.1 | -18.0 |
| Goods | 95.7 | 96.8 | -1.1 |
| Utilities | 77.3 | 89.2 | -11.9 |
| Other Services | 91.3 | 98.6 | -7.3 |
Income & Housing Comparison
| Metric | Fargo, ND | Richmond, VA |
|---|---|---|
| Median Household Income | $73,641 | $80,877 |
| Median Home Value | $261,000 | $299,100 |
| Median Monthly Rent | $919 | $1,307 |
| Per Capita Income | $41,687 | $44,141 |
Frequently Asked Questions
Is Fargo, ND or Richmond, VA cheaper to live in?
Fargo, ND is more affordable. The cost of living difference is 7.0 index points (Fargo, ND: 90.9, Richmond, VA: 97.9).
Where is housing cheaper, Fargo, ND or Richmond, VA?
Housing is more affordable in Fargo, ND. Housing index: Fargo, ND (81.1) vs Richmond, VA (99.1).