Cost of Living Comparison Between Chicago, IL and Richmond, VA 

Indices DifferenceInfo
Consumer Prices in Richmond, VA are 22.2% lower than in Chicago, IL (without rent)
Consumer Prices Including Rent in Richmond, VA are 26.8% lower than in Chicago, IL
Rent Prices in Richmond, VA are 34.0% lower than in Chicago, IL
Restaurant Prices in Richmond, VA are 20.8% lower than in Chicago, IL
Groceries Prices in Richmond, VA are 28.2% lower than in Chicago, IL
Local Purchasing Power in Richmond, VA is 22.1% higher than in Chicago, IL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Chicago, IL Edit Richmond, VA Edit Difference
Meal, Inexpensive Restaurant 25.00 $ 20.00 $      -20.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $ 80.00 $      -20.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $ 9.00 $      -25.0 %
Domestic Beer (1 pint draught) 7.50 $ 5.00 $      -33.3 %
Imported Beer (12 oz small bottle) 8.00 $ 7.00 $      -12.5 %
Cappuccino (regular) 5.22 $ 4.08 $      -21.8 %
Coke/Pepsi (12 oz small bottle) 2.99 $ 2.17 $      -27.6 %
Water (12 oz small bottle) 2.40 $ 2.04 $      -14.8 %
Markets
Chicago, IL Edit Richmond, VA Edit
Milk (regular), (1 gallon) 4.06 $ 3.40 $      -16.1 %
Loaf of Fresh White Bread (1 lb) 3.81 $ 2.46 $      -35.4 %
Rice (white), (1 lb) 2.85 $ 1.45 $      -49.3 %
Eggs (regular) (12) 4.07 $ 3.30 $      -18.9 %
Local Cheese (1 lb) 7.52 $ 4.13 $      -45.0 %
Chicken Fillets (1 lb) 6.78 $ 5.42 $      -20.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.46 $ 6.18 $      -34.7 %
Apples (1 lb) 2.70 $ 2.34 $      -13.2 %
Banana (1 lb) 0.89 $ 0.52 $      -42.2 %
Oranges (1 lb) 2.10 $ 1.84 $      -12.2 %
Tomato (1 lb) 2.24 $ 1.99 $      -11.1 %
Potato (1 lb) 1.19 $ 1.23 $      +2.9 %
Onion (1 lb) 1.35 $ 1.30 $      -3.4 %
Lettuce (1 head) 2.25 $ 1.80 $      -19.7 %
Water (1.5 liter bottle) 2.62 $ 2.14 $      -18.1 %
Bottle of Wine (Mid-Range) 15.00 $ 11.87 $      -20.9 %
Domestic Beer (0.5 liter bottle) 2.43 $ 2.28 $      -6.2 %
Imported Beer (12 oz small bottle) 4.31 $ 4.21 $      -2.3 %
Cigarettes 20 Pack (Marlboro) 16.00 $ 7.40 $      -53.8 %
Transportation
Chicago, IL Edit Richmond, VA Edit
One-way Ticket (Local Transport) 2.50 $ 0.88 $      -65.0 %
Monthly Pass (Regular Price) 80.00 $ 30.00 $      -62.5 %
Taxi Start (Normal Tariff) 3.25 $ 2.50 $      -23.1 %
Taxi 1 mile (Normal Tariff) 2.25 $ 2.50 $      +11.1 %
Taxi 1hour Waiting (Normal Tariff) 25.00 $ 22.50 $      -10.0 %
Gasoline (1 gallon) 4.22 $ 3.34 $      -21.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,383.69 $ 28,351.00 $      -24.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,211.87 $ 31,226.65 $      +14.8 %
Utilities (Monthly)
Chicago, IL Edit Richmond, VA Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 160.77 $ 156.30 $      -2.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 55.33 $ 51.50 $      -6.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 57.48 $ 73.11 $      +27.2 %
Sports And Leisure
Chicago, IL Edit Richmond, VA Edit
Fitness Club, Monthly Fee for 1 Adult 76.63 $ 53.33 $      -30.4 %
Tennis Court Rent (1 Hour on Weekend) 6.25 $ 20.00 $      +220.0 %
Cinema, International Release, 1 Seat 15.00 $ 15.00 $      0.0 %
Childcare
Chicago, IL Edit Richmond, VA Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,170.00 $ 1,216.67 $      -43.9 %
International Primary School, Yearly for 1 Child 45,450.00 $ 30,776.00 $      -32.3 %
Clothing And Shoes
Chicago, IL Edit Richmond, VA Edit
1 Pair of Jeans (Levis 501 Or Similar) 60.46 $ 40.12 $      -33.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53.75 $ 36.36 $      -32.3 %
1 Pair of Nike Running Shoes (Mid-Range) 97.19 $ 74.99 $      -22.8 %
1 Pair of Men Leather Business Shoes 130.31 $ 96.67 $      -25.8 %
Rent Per Month
Chicago, IL Edit Richmond, VA Edit
Apartment (1 bedroom) in City Centre 2,432.29 $ 1,578.76 $      -35.1 %
Apartment (1 bedroom) Outside of Centre 1,517.89 $ 1,417.22 $      -6.6 %
Apartment (3 bedrooms) in City Centre 4,604.17 $ 2,457.14 $      -46.6 %
Apartment (3 bedrooms) Outside of Centre 2,991.30 $ 2,171.43 $      -27.4 %
Buy Apartment Price
Chicago, IL Edit Richmond, VA Edit
Price per Square Feet to Buy Apartment in City Centre 330.00 $ 320.25 $      -3.0 %
Price per Square Feet to Buy Apartment Outside of Centre 258.01 $ 206.26 $      -20.1 %
Salaries And Financing
Chicago, IL Edit Richmond, VA Edit
Average Monthly Net Salary (After Tax) 5,073.92 $ 4,534.77 $      -10.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.64 6.66      +0.3 %
Last update: May 2024April 2024
Contributors in the past 12 months:22147