Cost of Living in Richmond
Average rent, food, transport, utilities, and salary data for Richmond, United States.
Overall, the cost of living in Richmond is below the New York City baseline (composite index 60 vs. a New York City baseline of 100). These are representative estimates, not live pricing — see our methodology.
Rent index (NYC=100)44
Groceries index78
Dining out index70
Transport index42
Utilities index64
Median annual salary$58,000
Minimum wage$12.41/hr
State income tax rate5.75%
Est. monthly childcare$1,050
Est. monthly healthcare premium$440
YoY inflation2.9%
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