Cost of Living Comparison Between Richmond, VA and Baltimore, MD 
| Indices Difference |  |
|---|---|
| Cost of Living in Baltimore, MD is 3.5% higher than in Richmond, VA (without rent) | |
| Cost of Living Including Rent in Baltimore, MD is 8.0% higher than in Richmond, VA | |
| Rent Prices in Baltimore, MD are 16.1% higher than in Richmond, VA | |
| Restaurant Prices in Baltimore, MD are 5.0% lower than in Richmond, VA | |
| Groceries Prices in Baltimore, MD are 2.4% higher than in Richmond, VA | |
| Local Purchasing Power in Baltimore, MD is 13.0% lower than in Richmond, VA | |
Restaurants | Richmond, VA Edit |
Baltimore, MD Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 20.00 $ | 17.00 $ | -15.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 80.00 $ | 77.50 $ | -3.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 9.00 $ | 9.00 $ | 0.0 % |
| Domestic Beer (1 pint draught) | 5.00 $ | 5.00 $ | 0.0 % |
| Imported Beer (12 oz small bottle) | 7.00 $ | 8.00 $ | +14.3 % |
| Cappuccino (regular) | 4.08 $ | 4.72 $ | +15.5 % |
| Coke/Pepsi (12 oz small bottle) | 2.17 $ | 2.47 $ | +14.2 % |
| Water (12 oz small bottle) | 2.12 $ | 2.12 $ | 0.0 % |
Markets | Richmond, VA Edit |
Baltimore, MD Edit | |
| Milk (regular), (1 gallon) | 3.40 $ | 3.40 $ | 0.0 % |
| Loaf of Fresh White Bread (1 lb) | 2.46 $ | 2.46 $ | 0.0 % |
| Rice (white), (1 lb) | 1.45 $ | 1.45 $ | 0.0 % |
| Eggs (regular) (12) | 3.30 $ | 4.56 $ | +38.2 % |
| Local Cheese (1 lb) | 4.13 $ | 4.13 $ | 0.0 % |
| Chicken Fillets (1 lb) | 5.42 $ | 3.90 $ | -28.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.18 $ | 6.10 $ | -1.4 % |
| Apples (1 lb) | 2.34 $ | 2.32 $ | -0.8 % |
| Banana (1 lb) | 0.52 $ | 0.52 $ | 0.0 % |
| Oranges (1 lb) | 1.84 $ | 1.84 $ | 0.0 % |
| Tomato (1 lb) | 1.99 $ | 1.99 $ | 0.0 % |
| Potato (1 lb) | 1.23 $ | 1.23 $ | 0.0 % |
| Onion (1 lb) | 1.30 $ | 1.30 $ | 0.0 % |
| Lettuce (1 head) | 1.80 $ | 1.80 $ | 0.0 % |
| Water (1.5 liter bottle) | 2.14 $ | 2.14 $ | 0.0 % |
| Bottle of Wine (Mid-Range) | 11.87 $ | 11.87 $ | 0.0 % |
| Domestic Beer (0.5 liter bottle) | 2.28 $ | 1.73 $ | -24.1 % |
| Imported Beer (12 oz small bottle) | 4.21 $ | 4.21 $ | 0.0 % |
| Cigarettes 20 Pack (Marlboro) | 7.40 $ | 12.00 $ | +62.2 % |
Transportation | Richmond, VA Edit |
Baltimore, MD Edit | |
| One-way Ticket (Local Transport) | 0.88 $ | 2.10 $ | +140.0 % |
| Monthly Pass (Regular Price) | 30.00 $ | 77.00 $ | +156.7 % |
| Taxi Start (Normal Tariff) | 2.50 $ | 1.80 $ | -28.0 % |
| Taxi 1 mile (Normal Tariff) | 2.50 $ | 2.20 $ | -12.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 22.50 $ | 24.00 $ | +6.7 % |
| Gasoline (1 gallon) | 3.34 $ | 3.45 $ | +3.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 28,351.00 $ | 25,300.00 $ | -10.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 31,226.65 $ | 29,083.88 $ | -6.9 % |
Utilities (Monthly) | Richmond, VA Edit |
Baltimore, MD Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 147.72 $ | 153.91 $ | +4.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 52.44 $ | 44.38 $ | -15.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 75.35 $ | 79.08 $ | +4.9 % |
Sports And Leisure | Richmond, VA Edit |
Baltimore, MD Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 53.33 $ | 74.67 $ | +40.0 % |
| Tennis Court Rent (1 Hour on Weekend) | 20.00 $ | 30.00 $ | +50.0 % |
| Cinema, International Release, 1 Seat | 15.00 $ | 15.00 $ | 0.0 % |
Childcare | Richmond, VA Edit |
Baltimore, MD Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,329.17 $ | 1,283.33 $ | -3.4 % |
| International Primary School, Yearly for 1 Child | 30,776.00 $ | 30,776.00 $ | 0.0 % |
Clothing And Shoes | Richmond, VA Edit |
Baltimore, MD Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 41.77 $ | 41.77 $ | 0.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 36.36 $ | 29.00 $ | -20.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 75.70 $ | 75.70 $ | 0.0 % |
| 1 Pair of Men Leather Business Shoes | 96.67 $ | 96.67 $ | 0.0 % |
Rent Per Month | Richmond, VA Edit |
Baltimore, MD Edit | |
| Apartment (1 bedroom) in City Centre | 1,578.76 $ | 1,736.36 $ | +10.0 % |
| Apartment (1 bedroom) Outside of Centre | 1,417.22 $ | 1,399.38 $ | -1.3 % |
| Apartment (3 bedrooms) in City Centre | 2,457.14 $ | 3,333.33 $ | +35.7 % |
| Apartment (3 bedrooms) Outside of Centre | 2,171.43 $ | 2,383.33 $ | +9.8 % |
Buy Apartment Price | Richmond, VA Edit |
Baltimore, MD Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 320.25 $ | 194.28 $ | -39.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 206.26 $ | 167.49 $ | -18.8 % |
Salaries And Financing | Richmond, VA Edit |
Baltimore, MD Edit | |
| Average Monthly Net Salary (After Tax) | 4,534.77 $ | 4,261.39 $ | -6.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.66 | 6.59 | -1.1 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 48 | 56 |
Moving to Richmond, VA? Explore:
Moving to Baltimore, MD? Explore:
Cities near Richmond, VA: | Cost of Living in Fredericksburg, Virginia | 57.45 miles |
| Cost of Living in Yorktown, Virginia | 64.79 miles |
| Cost of Living in Newport News, Virginia | 71.33 miles |
| Cost of Living in Norfolk, Virginia | 94.80 miles |
| Cost of Living in Chesapeake, Virginia | 101.42 miles |
| Cost of Living in Arlington, Virginia | 104.87 miles |
| Cost of Living in Washington, District of Columbia | 106.82 miles |
| Cost of Living in Lexington Park, Maryland | 109.23 miles |
| Cost of Living in Virginia Beach, Virginia | 110.13 miles |
| Cost of Living in Chevy Chase, Maryland | 113.79 miles |
Cities near Baltimore, MD: | Cost of Living in Chevy Chase, Maryland | 37.19 miles |
| Cost of Living in Rockville, Maryland | 37.49 miles |
| Cost of Living in Washington, District of Columbia | 38.98 miles |
| Cost of Living in Arlington, Virginia | 43.11 miles |
| Cost of Living in Germantown, Maryland | 48.57 miles |
| Cost of Living in Springfield, Virginia | 52.13 miles |
| Cost of Living in Herndon, Virginia | 57.71 miles |
| Cost of Living in Lancaster, Pennsylvania | 76.62 miles |
| Cost of Living in Harrisburg, Pennsylvania | 79.41 miles |
| Cost of Living in Lexington Park, Maryland | 88.39 miles |