Alexandria vs Richmond: Cost of Living
37%
Alexandria is about 37% more expensive than Richmond overall.
How Alexandria Compares to Richmond
Category by category
Renting
▲ 45%
Buying
▲ 86%
Goods
▲ 10%
Services
▲ 50%
Key Facts
| Alexandria | Richmond | |
|---|---|---|
| Median Rent | $2,110/mo | $1,451/mo |
| Median Home | $704,200 | $377,900 |
| Median Income | $124,593 | $63,390 |
| State Income Tax | Up to 5.75% | Up to 5.75% |
| Sales Tax | 6% | 6% |
Housing: The Biggest Difference
Richmond has the lower median home price by $326,300. Monthly rent is $659/month cheaper in Richmond.
Alexandria vs Richmond FAQ
Rent is $659/month cheaper in Richmond. Alexandria's median rent is $2,110/month, while Richmond's is $1,451/month. Source: Census ACS 2024.
Richmond has the lower median home price at $377,900, saving $326,300 compared to Alexandria. Source: Census ACS 2024.