Living Cost Compare
El Paso

Texas

$1,020/mo est.

vs
Richmond

Virginia

$1,390/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,020 in El Paso, TX versus $1,390 in Richmond, VA. Overall, El Paso, TX is roughly 27% cheaper to live in day-to-day than Richmond, VA, driven mainly by rent.

Median household income is $58,734 in El Paso, TX and $62,671 in Richmond, VA — about 6% higher in Richmond, VA. Texas has no state income tax and a 6.25% state sales tax; Virginia has a top state income tax rate of 5.75% and a 5.3% state sales tax.

Rent

Studio
$707
$1,183
+67% in Richmond, VA
1 Bedroom
$816
$1,195
+46% in Richmond, VA
2 Bedroom
$993
$1,374
+38% in Richmond, VA
3 Bedroom
$1,252
$1,447
+16% in Richmond, VA

Buying a Home

Median Home Value
$171,700
$328,100
+91% in Richmond, VA

Income

Median Household Income
$58,734
$62,671
+7% in Richmond, VA
Metro Median Wage (annual)
$39,510
$51,460
+30% in Richmond, VA

People & Lifestyle

Median Age
34.1 yr
34.5 yr
+0.4 yr in Richmond, VA
Homeownership
60.2%
43.5%
+16.7 pp in El Paso, TX
Bachelor's+ (25+)
27.5%
44.1%
+16.6 pp in Richmond, VA
Avg Commute
23.7 min
22.1 min
+1.6 min in El Paso, TX

Crime (per 100k/yr)

Violent Crime
319.7
349
+9% in Richmond, VA
Property Crime
1,509.3
3,240.2
+115% in Richmond, VA

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
64.6°F
58.9°F
+5.7°F in El Paso, TX
Annual Precipitation
9.7 in
43.6 in
+33.9 in in Richmond, VA

Gas

Regular Gasoline
$3.62/gal
$3.86/gal
+7% in Richmond, VA

Area: Texas vs East Coast (PADD 1).

Public Transit

Base Fare (one-way)
$1.50

Adult base one-way fare — Sun Metro vs (2026).

Utilities

Electricity (¢/kWh)
16.4
17.6
+7% in Richmond, VA
Natural Gas ($/MCF)
$30.48
$23.66
+22% in El Paso, TX

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.00
$4.00
about equal
Bread (lb)
$1.75
$1.75
about equal
Eggs (doz)
$2.21
$2.21
about equal
Ground Beef (lb)
$6.45
$6.45
about equal
Chicken (lb)
$1.90
$1.90
about equal
Bananas (lb)
$0.62
$0.62
about equal

Average prices — South vs South (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (TX / VA)
6.25%
5.3%
+1.0 pp in TX
Income Tax (top rate)
None
5.75%
+5.8 pp in VA

El Paso vs Richmond — FAQ

Is it cheaper to live in El Paso or Richmond?
El Paso, TX is cheaper. Its monthly baseline of $1,020 (1BR rent + utilities) runs about 27% below Richmond, VA's $1,390, mainly because of rent.
How much more do you need to earn to live in El Paso than in Richmond?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $33,000 a year in El Paso versus $48,000 in Richmond.
Which has lower taxes, El Paso or Richmond?
El Paso is taxed under Texas's rules (no state income tax and a 6.25% state sales tax); Richmond under Virginia's (a top state income tax rate of 5.75% and a 5.3% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).