Cost of Living Comparison Between Richmond, VA and Baltimore, MD 

Indices DifferenceInfo
Consumer Prices in Baltimore, MD are 3.6% higher than in Richmond, VA (without rent)
Consumer Prices Including Rent in Baltimore, MD are 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 4.5% 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
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Richmond, VA Edit Baltimore, MD Edit Difference
Meal, Inexpensive Restaurant 20.00 $ 17.50 $      -12.5 %
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 $ 7.00 $      0.0 %
Cappuccino (regular) 4.08 $ 4.82 $      +18.1 %
Coke/Pepsi (12 oz small bottle) 2.17 $ 2.40 $      +10.7 %
Water (12 oz small bottle) 2.04 $ 2.04 $      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 156.30 $ 153.91 $      -1.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 51.50 $ 44.38 $      -13.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 73.11 $ 79.08 $      +8.2 %
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 1,216.67 $ 1,216.67 $      0.0 %
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) 40.12 $ 40.12 $      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) 74.99 $ 74.99 $      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: April 2024May 2024
Contributors in the past 12 months:4755