CostByCity

Richmond, VA vs Washington, DC

Cost of Living Comparison

Richmond, VA is more affordable by 11.0 index points

Side-by-Side Comparison

CategoryRichmond, VAWashington, DCDifference
Overall97.9108.9-11.0
Housing99.1151.1-52.0
Goods96.8104.8-8.1
Utilities89.2106.7-17.5
Other Services98.6102.3-3.7

Income & Housing Comparison

MetricRichmond, VAWashington, DC
Median Household Income$80,877$119,803
Median Home Value$299,100$513,300
Median Monthly Rent$1,307$1,904
Per Capita Income$44,141$59,587

Frequently Asked Questions

Is Richmond, VA or Washington, DC cheaper to live in?
Richmond, VA is more affordable. The cost of living difference is 11.0 index points (Richmond, VA: 97.9, Washington, DC: 108.9).
Where is housing cheaper, Richmond, VA or Washington, DC?
Housing is more affordable in Richmond, VA. Housing index: Richmond, VA (99.1) vs Washington, DC (151.1).