Cost of Living Comparison Between Richmond, VA and Raleigh, NC 
| Indices Difference |  |
|---|---|
| Consumer Prices in Raleigh, NC are 21.5% higher than in Richmond, VA (without rent) | |
| Consumer Prices Including Rent in Raleigh, NC are 26.1% higher than in Richmond, VA | |
| Rent Prices in Raleigh, NC are 34.4% higher than in Richmond, VA | |
| Restaurant Prices in Raleigh, NC are 10.7% higher than in Richmond, VA | |
| Groceries Prices in Raleigh, NC are 24.9% higher than in Richmond, VA | |
| Local Purchasing Power in Raleigh, NC is 22.0% lower than in Richmond, VA | |
Restaurants | Richmond, VA Edit |
Raleigh, NC Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 20.00 $ | 20.00 $ | 0.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 80.00 $ | 90.00 $ | +12.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 9.00 $ | 11.50 $ | +27.8 % |
| Domestic Beer (1 pint draught) | 5.00 $ | 6.25 $ | +25.0 % |
| Imported Beer (12 oz small bottle) | 7.00 $ | 7.50 $ | +7.1 % |
| Cappuccino (regular) | 4.08 $ | 5.47 $ | +33.9 % |
| Coke/Pepsi (12 oz small bottle) | 2.17 $ | 2.85 $ | +31.6 % |
| Water (12 oz small bottle) | 2.04 $ | 2.37 $ | +16.0 % |
Markets | Richmond, VA Edit |
Raleigh, NC Edit | |
| Milk (regular), (1 gallon) | 3.40 $ | 3.65 $ | +7.4 % |
| Loaf of Fresh White Bread (1 lb) | 2.46 $ | 3.79 $ | +53.8 % |
| Rice (white), (1 lb) | 1.45 $ | 2.54 $ | +75.9 % |
| Eggs (regular) (12) | 3.30 $ | 4.09 $ | +24.1 % |
| Local Cheese (1 lb) | 4.13 $ | 6.38 $ | +54.4 % |
| Chicken Fillets (1 lb) | 5.42 $ | 5.29 $ | -2.3 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.18 $ | 8.28 $ | +33.9 % |
| Apples (1 lb) | 2.34 $ | 2.59 $ | +10.9 % |
| Banana (1 lb) | 0.52 $ | 0.72 $ | +39.5 % |
| Oranges (1 lb) | 1.84 $ | 2.87 $ | +55.7 % |
| Tomato (1 lb) | 1.99 $ | 2.24 $ | +12.7 % |
| Potato (1 lb) | 1.23 $ | 1.44 $ | +17.6 % |
| Onion (1 lb) | 1.30 $ | 1.24 $ | -4.6 % |
| Lettuce (1 head) | 1.80 $ | 1.81 $ | +0.6 % |
| Water (1.5 liter bottle) | 2.14 $ | 3.04 $ | +41.9 % |
| Bottle of Wine (Mid-Range) | 11.87 $ | 15.00 $ | +26.4 % |
| Domestic Beer (0.5 liter bottle) | 2.28 $ | 1.93 $ | -15.5 % |
| Imported Beer (12 oz small bottle) | 4.21 $ | 3.61 $ | -14.3 % |
| Cigarettes 20 Pack (Marlboro) | 7.40 $ | 7.50 $ | +1.4 % |
Transportation | Richmond, VA Edit |
Raleigh, NC Edit | |
| One-way Ticket (Local Transport) | 0.88 $ | 2.25 $ | +157.1 % |
| Monthly Pass (Regular Price) | 30.00 $ | 60.00 $ | +100.0 % |
| Taxi Start (Normal Tariff) | 2.50 $ | 2.50 $ | 0.0 % |
| Taxi 1 mile (Normal Tariff) | 2.50 $ | 2.50 $ | 0.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 22.50 $ | 15.00 $ | -33.3 % |
| Gasoline (1 gallon) | 3.34 $ | 3.60 $ | +7.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 28,351.00 $ | 30,000.00 $ | +5.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 31,226.65 $ | 25,857.40 $ | -17.2 % |
Utilities (Monthly) | Richmond, VA Edit |
Raleigh, NC Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 156.30 $ | 256.77 $ | +64.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 51.50 $ | 68.73 $ | +33.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 73.11 $ | 84.29 $ | +15.3 % |
Sports And Leisure | Richmond, VA Edit |
Raleigh, NC Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 53.33 $ | 40.40 $ | -24.2 % |
| Tennis Court Rent (1 Hour on Weekend) | 20.00 $ | 34.00 $ | +70.0 % |
| Cinema, International Release, 1 Seat | 15.00 $ | 14.75 $ | -1.7 % |
Childcare | Richmond, VA Edit |
Raleigh, NC Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,216.67 $ | 1,413.33 $ | +16.2 % |
| International Primary School, Yearly for 1 Child | 30,776.00 $ | 22,111.00 $ | -28.2 % |
Clothing And Shoes | Richmond, VA Edit |
Raleigh, NC Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 40.12 $ | 60.43 $ | +50.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 36.36 $ | 51.00 $ | +40.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 74.99 $ | 102.71 $ | +37.0 % |
| 1 Pair of Men Leather Business Shoes | 96.67 $ | 140.77 $ | +45.6 % |
Rent Per Month | Richmond, VA Edit |
Raleigh, NC Edit | |
| Apartment (1 bedroom) in City Centre | 1,578.76 $ | 2,007.42 $ | +27.2 % |
| Apartment (1 bedroom) Outside of Centre | 1,417.22 $ | 1,665.14 $ | +17.5 % |
| Apartment (3 bedrooms) in City Centre | 2,457.14 $ | 3,614.48 $ | +47.1 % |
| Apartment (3 bedrooms) Outside of Centre | 2,171.43 $ | 2,963.77 $ | +36.5 % |
Buy Apartment Price | Richmond, VA Edit |
Raleigh, NC Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 320.25 $ | 867.42 $ | +170.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 206.26 $ | 393.86 $ | +91.0 % |
Salaries And Financing | Richmond, VA Edit |
Raleigh, NC Edit | |
| Average Monthly Net Salary (After Tax) | 4,534.77 $ | 4,458.36 $ | -1.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.66 | 6.58 | -1.3 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 47 | 87 |
Moving to Richmond, VA? Explore:
Moving to Raleigh, NC? 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 Raleigh, NC: | Cost of Living in Durham, North Carolina | 25.07 miles |
| Cost of Living in Hope Mills, North Carolina | 72.42 miles |
| Cost of Living in Greensboro, North Carolina | 78.15 miles |
| Cost of Living in Winston-Salem, North Carolina | 104.00 miles |
| Cost of Living in Wilmington, North Carolina | 130.45 miles |
| Cost of Living in Richmond, Virginia | 156.89 miles |
| Cost of Living in Roanoke, Virginia | 164.31 miles |
| Cost of Living in Charlotte, North Carolina | 165.00 miles |
| Cost of Living in Chesapeake, Virginia | 181.68 miles |
| Cost of Living in Norfolk, Virginia | 182.87 miles |