Cost of Living in Richmond
Summary of cost of living in Richmond, VA, United States:
- The estimated monthly costs for a family of four are $4,394.6, excluding rent (using our estimator).
- The estimated monthly costs for a single person are $1,214.5, excluding rent.
- Richmond is 22.6% less expensive than Seattle (excluding rent, see our cost of living index).
- Rent in Richmond is, on average, 40.7% lower than in Seattle.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal at an Inexpensive Restaurant | $22.50 | |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | $100.00 | |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | $12.00 | |
| Domestic Draft Beer (1 Pint) | $6.50 | |
| Imported Beer (12 oz Small Bottle) | $8.00 | |
| Cappuccino (Regular Size) | $5.67 | |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) | $2.69 | |
| Bottled Water (12 oz) | $2.21 | |
Markets | Edit |
|
| Milk (Regular, 1 Liter) | $1.08 | |
| Fresh White Bread (1 lb Loaf) | $3.34 | |
| White Rice (1 lb) | $1.71 | |
| Eggs (12, Large Size) | $6.31 | |
| Local Cheese (1 lb) | $4.42 | |
| Chicken Fillets (1 lb) | $5.24 | |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) | $8.62 | |
| Apples (1 lb) | $2.17 | |
| Bananas (1 lb) | $0.64 | |
| Oranges (1 lb) | $1.83 | |
| Tomatoes (1 lb) | $1.92 | |
| Potatoes (1 lb) | $1.27 | |
| Onions (1 lb) | $1.02 | |
| Lettuce (1 Head) | $2.37 | |
| Bottled Water (50 oz) | $2.04 | |
| Bottle of Wine (Mid-Range) | $13.00 | |
| Domestic Beer (16.9 oz Bottle) | $2.28 | |
| Imported Beer (12 oz Small Bottle) | $4.50 | |
| Cigarettes (Pack of 20, Marlboro) | $9.11 | |
Transportation | Edit |
|
| One-Way Ticket (Local Transport) | $1.50 | |
| Monthly Public Transport Pass (Regular Price) | $60.00 | |
| Taxi Start (Standard Tariff) | $2.50 | |
| Taxi 1 mile (Standard Tariff) | $2.50 | |
| Taxi 1 Hour Waiting (Standard Tariff) | $22.50 | |
| Gasoline (1 Liter) | $0.92 | |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | $36,227.00 | |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | $25,576.04 | |
Utilities (Monthly) | Edit |
|
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) | $208.93 | |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | $62.50 | |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | $75.00 | |
Sports And Leisure | Edit |
|
| Monthly Fitness Club Membership | $51.00 | |
| Tennis Court Rental (1 Hour, Weekend) | $20.00 | |
| Cinema Ticket (International Release) | $15.00 | |
Childcare | Edit |
|
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | $1,454.17 | |
| International Primary School, Annual Tuition per Child | $30,776.00 | |
Clothing And Shoes | Edit |
|
| Jeans (Levi's 501 or Similar) | $85.00 | |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | $37.57 | |
| Nike Running Shoes (Mid-Range) | $101.67 | |
| Men's Leather Business Shoes | $118.33 | |
Rent Per Month | Edit |
|
| 1 Bedroom Apartment in City Centre | $1,565.83 | |
| 1 Bedroom Apartment Outside of City Centre | $1,350.00 | |
| 3 Bedroom Apartment in City Centre | $2,351.75 | |
| 3 Bedroom Apartment Outside of City Centre | $2,192.00 | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | $292.53 | |
| Price per Square Feet to Buy Apartment Outside of Centre | $222.72 | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | $4,323.25 | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 6.08 | |
Prices in Richmond, Virginia
This city had 296 entries in the past 12 months by 34 different contributors.
Last update: 5 June 2026
Last update: 5 June 2026
Sources and References
Moving to Richmond, VA? Explore:
Distribution of Expenses Using Our Statistical Model:
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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Leave a comment:1 Comments so far
Shirley DeSimone
on Nov 21, 2024:
There is no cost for bus transportation in Richmond, Va.