🇺🇸 VA, United States · #109 of 538 cities · 2026

Cost of Living in Richmond

2.9% below the United States average

Ranked #109 of 538 cities · More expensive than 79.7% of cities worldwide

Compared to United States average

Rent Prices

Rent Prices in Richmond

Apartment City Centre Outside Centre You Save
1-Bedroom USD 1,566/mo USD 1,293/mo 17%
3-Bedroom USD 2,321/mo USD 2,002/mo 17%
Numbeo · 2026-03-12

Cost Indices

Cost of Living
-2.9% Average
Rent
-9.1% Affordable
Groceries
-9.1% Affordable
Restaurants
+5.6% Average
Purchasing Power
+10.4% Strong

Living in Richmond: What to Expect

Richmond is average by global standards (ranked #109 of 538 cities). It is 2.9% cheaper than the United States average, based on 74 cities.

Groceries are affordable, while dining out is average. Rent offers the best value, while Restaurants is the priciest.

Local purchasing power is strong — residents can afford more goods and services than in most cities.

Similar Cities

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