Cost of Living in Richmond
Summary of cost of living in Richmond, VA, United States:
- A family of four estimated monthly costs are 3,259.8$ without rent (using our estimator).
- A single person estimated monthly costs are 918.2$ without rent.
- Richmond is 35.7% less expensive than New York (without rent, see our cost of living index).
- Rent in Richmond is, on average, 58.4% lower than in New York.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 20.00 $ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 60.00 $ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 8.00 $ | |
| Domestic Beer (1 pint draught) | 5.00 $ | |
| Imported Beer (12 oz small bottle) | 8.00 $ | |
| Cappuccino (regular) | 4.94 $ | |
| Coke/Pepsi (12 oz small bottle) | 2.32 $ | |
| Water (12 oz small bottle) | 2.33 $ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 3.41 $ | |
| Loaf of Fresh White Bread (1 lb) | 2.30 $ | |
| Rice (white), (1 lb) | 1.39 $ | |
| Eggs (regular) (12) | 4.09 $ | |
| Local Cheese (1 lb) | 4.54 $ | |
| Chicken Fillets (1 lb) | 3.24 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 5.73 $ | |
| Apples (1 lb) | 2.44 $ | |
| Banana (1 lb) | 0.52 $ | |
| Oranges (1 lb) | 1.79 $ | |
| Tomato (1 lb) | 1.89 $ | |
| Potato (1 lb) | 1.16 $ | |
| Onion (1 lb) | 1.13 $ | |
| Lettuce (1 head) | 1.80 $ | |
| Water (1.5 liter bottle) | 2.04 $ | |
| Bottle of Wine (Mid-Range) | 9.48 $ | |
| Domestic Beer (0.5 liter bottle) | 1.42 $ | |
| Imported Beer (12 oz small bottle) | 3.33 $ | |
| Cigarettes 20 Pack (Marlboro) | 7.40 $ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 1.88 $ | |
| Monthly Pass (Regular Price) | 43.50 $ | |
| Taxi Start (Normal Tariff) | 3.00 $ | |
| Taxi 1 mile (Normal Tariff) | 2.50 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 28.00 $ | |
| Gasoline (1 gallon) | 3.22 $ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 22,945.00 $ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 21,907.14 $ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 140.06 $ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.05 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 72.50 $ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 32.00 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 20.00 $ | |
| Cinema, International Release, 1 Seat | 12.00 $ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 776.67 $ | |
| International Primary School, Yearly for 1 Child | 13,000.00 $ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 36.62 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 43.54 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 78.49 $ | |
| 1 Pair of Men Leather Business Shoes | 121.67 $ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 1,582.92 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,391.00 $ | |
| Apartment (3 bedrooms) in City Centre | 2,466.67 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,976.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 384.00 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 138.33 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,806.53 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.43 |
Prices in Richmond, Virginia
This city had 259 entries in the past 12 months by 54 different contributors.
Last update: May 2023
Last update: May 2023
Sources and References
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Distribution of Expenses Using Our Statistical Model:
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Nearby cities:| 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 |
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