Cost of Living Comparison Between Detroit, MI and Richmond, VA 

Indices DifferenceInfo
Consumer Prices in Richmond, VA are 10.8% lower than in Detroit, MI (without rent)
Consumer Prices Including Rent in Richmond, VA are 6.5% lower than in Detroit, MI
Rent Prices in Richmond, VA are 2.6% higher than in Detroit, MI
Restaurant Prices in Richmond, VA are 12.7% higher than in Detroit, MI
Groceries Prices in Richmond, VA are 17.6% lower than in Detroit, MI
Local Purchasing Power in Richmond, VA is 13.5% higher than in Detroit, MI
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Detroit, MI Edit Richmond, VA Edit Difference
Meal, Inexpensive Restaurant 15.50 $ 20.00 $      +29.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 70.00 $ 80.00 $      +14.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.93 $ 9.00 $      -9.4 %
Domestic Beer (1 pint draught) 5.50 $ 5.00 $      -9.1 %
Imported Beer (12 oz small bottle) 7.00 $ 7.00 $      0.0 %
Cappuccino (regular) 4.75 $ 4.08 $      -14.0 %
Coke/Pepsi (12 oz small bottle) 2.11 $ 2.17 $      +2.7 %
Water (12 oz small bottle) 1.88 $ 2.04 $      +8.4 %
Markets
Detroit, MI Edit Richmond, VA Edit
Milk (regular), (1 gallon) 3.48 $ 3.40 $      -2.1 %
Loaf of Fresh White Bread (1 lb) 2.70 $ 2.46 $      -8.7 %
Rice (white), (1 lb) 2.58 $ 1.45 $      -44.0 %
Eggs (regular) (12) 3.18 $ 3.30 $      +3.8 %
Local Cheese (1 lb) 6.14 $ 4.13 $      -32.7 %
Chicken Fillets (1 lb) 6.14 $ 5.42 $      -11.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 10.50 $ 6.18 $      -41.1 %
Apples (1 lb) 1.89 $ 2.34 $      +23.5 %
Banana (1 lb) 0.62 $ 0.52 $      -16.1 %
Oranges (1 lb) 2.30 $ 1.84 $      -19.8 %
Tomato (1 lb) 2.08 $ 1.99 $      -4.4 %
Potato (1 lb) 1.69 $ 1.23 $      -27.1 %
Onion (1 lb) 1.22 $ 1.30 $      +6.8 %
Lettuce (1 head) 2.62 $ 1.80 $      -31.1 %
Water (1.5 liter bottle) 2.50 $ 2.14 $      -14.2 %
Bottle of Wine (Mid-Range) 10.00 $ 11.87 $      +18.7 %
Domestic Beer (0.5 liter bottle) 1.86 $ 2.28 $      +22.7 %
Imported Beer (12 oz small bottle) 2.50 $ 4.21 $      +68.4 %
Cigarettes 20 Pack (Marlboro) 9.00 $ 7.40 $      -17.8 %
Transportation
Detroit, MI Edit Richmond, VA Edit
One-way Ticket (Local Transport) 2.00 $ 0.88 $      -56.2 %
Monthly Pass (Regular Price) 66.00 $ 30.00 $      -54.5 %
Taxi Start (Normal Tariff) 2.50 $ 2.50 $      0.0 %
Taxi 1 mile (Normal Tariff) 2.25 $ 2.50 $      +11.1 %
Taxi 1hour Waiting (Normal Tariff) 48.00 $ 22.50 $      -53.1 %
Gasoline (1 gallon) 3.45 $ 3.34 $      -3.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,699.74 $ 28,351.00 $      -20.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,119.94 $ 31,226.65 $      +29.5 %
Utilities (Monthly)
Detroit, MI Edit Richmond, VA Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 246.12 $ 156.30 $      -36.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 54.00 $ 51.50 $      -4.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 59.00 $ 74.52 $      +26.3 %
Sports And Leisure
Detroit, MI Edit Richmond, VA Edit
Fitness Club, Monthly Fee for 1 Adult 55.00 $ 53.33 $      -3.0 %
Tennis Court Rent (1 Hour on Weekend) 29.00 $ 20.00 $      -31.0 %
Cinema, International Release, 1 Seat 11.00 $ 15.00 $      +36.4 %
Childcare
Detroit, MI Edit Richmond, VA Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,294.79 $ 1,216.67 $      -6.0 %
International Primary School, Yearly for 1 Child 16,800.00 $ 30,776.00 $      +83.2 %
Clothing And Shoes
Detroit, MI Edit Richmond, VA Edit
1 Pair of Jeans (Levis 501 Or Similar) 47.50 $ 40.12 $      -15.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 38.75 $ 36.36 $      -6.2 %
1 Pair of Nike Running Shoes (Mid-Range) 77.50 $ 74.99 $      -3.2 %
1 Pair of Men Leather Business Shoes 95.00 $ 96.67 $      +1.8 %
Rent Per Month
Detroit, MI Edit Richmond, VA Edit
Apartment (1 bedroom) in City Centre 1,414.29 $ 1,578.76 $      +11.6 %
Apartment (1 bedroom) Outside of Centre 1,026.33 $ 1,417.22 $      +38.1 %
Apartment (3 bedrooms) in City Centre 3,333.33 $ 2,457.14 $      -26.3 %
Apartment (3 bedrooms) Outside of Centre 1,658.33 $ 2,171.43 $      +30.9 %
Buy Apartment Price
Detroit, MI Edit Richmond, VA Edit
Price per Square Feet to Buy Apartment in City Centre 99.17 $ 320.25 $      +222.9 %
Price per Square Feet to Buy Apartment Outside of Centre 90.83 $ 206.26 $      +127.1 %
Salaries And Financing
Detroit, MI Edit Richmond, VA Edit
Average Monthly Net Salary (After Tax) 4,163.93 $ 4,421.58 $      +6.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.46 6.66      +3.2 %
Last update: March 2024April 2024
Contributors in the past 12 months:4645