Washington vs Richmond: Cost of Living
34%
Washington is about 34% more expensive than Richmond overall.
How Washington Compares to Richmond
Category by category
Renting
▲ 33%
Buying
▲ 94%
Goods
▲ 10%
Services
▲ 53%
Key Facts
| Washington | Richmond | |
|---|---|---|
| Median Rent | $1,931/mo | $1,451/mo |
| Median Home | $733,400 | $377,900 |
| Median Income | $109,707 | $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 $355,500. Monthly rent is $480/month cheaper in Richmond.
Washington vs Richmond FAQ
Rent is $480/month cheaper in Richmond. Washington's median rent is $1,931/month, while Richmond's is $1,451/month. Source: Census ACS 2024.
Richmond has the lower median home price at $377,900, saving $355,500 compared to Washington. Source: Census ACS 2024.