Living Cost Compare
Little Rock

Arkansas

$1,080/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 $1,080 in Little Rock, AR versus $1,390 in Richmond, VA. Overall, Little Rock, AR is roughly 22% cheaper to live in day-to-day than Richmond, VA, driven mainly by rent.

Median household income is $60,583 in Little Rock, AR and $62,671 in Richmond, VA — about 3% higher in Richmond, VA. Arkansas has a top state income tax rate of 3.90% and a 6.5% state sales tax; Virginia has a top state income tax rate of 5.75% and a 5.3% state sales tax.

Rent

Studio
$981
$1,183
+21% in Richmond, VA
1 Bedroom
$904
$1,195
+32% in Richmond, VA
2 Bedroom
$1,064
$1,374
+29% in Richmond, VA
3 Bedroom
$1,292
$1,447
+12% in Richmond, VA

Buying a Home

Median Home Value
$221,200
$328,100
+48% in Richmond, VA

Income

Median Household Income
$60,583
$62,671
+3% in Richmond, VA
Metro Median Wage (annual)
$45,790
$51,460
+12% in Richmond, VA

People & Lifestyle

Median Age
36.4 yr
34.5 yr
+1.9 yr in Little Rock, AR
Homeownership
54.2%
43.5%
+10.7 pp in Little Rock, AR
Bachelor's+ (25+)
44.0%
44.1%
+0.1 pp in Richmond, VA
Avg Commute
18.3 min
22.1 min
+3.8 min in Richmond, VA

Crime (per 100k/yr)

Violent Crime
1,673
349
+79% in Little Rock, AR
Property Crime
5,251.5
3,240.2
+38% in Little Rock, AR

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

Climate

Avg Annual Temperature
62.7°F
58.9°F
+3.8°F in Little Rock, AR
Annual Precipitation
49.8 in
43.6 in
+6.1 in in Little Rock, AR

Gas

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

Area: Gulf Coast (PADD 3) vs East Coast (PADD 1).

Utilities

Electricity (¢/kWh)
14.4
17.6
+23% in Richmond, VA
Natural Gas ($/MCF)
$25.93
$23.66
+9% in Little Rock, AR

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 (AR / VA)
6.5%
5.3%
+1.2 pp in AR
Income Tax (top rate)
3.90%
5.75%
+1.9 pp in VA

Little Rock vs Richmond — FAQ

Is it cheaper to live in Little Rock or Richmond?
Little Rock, AR is cheaper. Its monthly baseline of $1,080 (1BR rent + utilities) runs about 22% below Richmond, VA's $1,390, mainly because of rent.
How much more do you need to earn to live in Little Rock than in Richmond?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $36,000 a year in Little Rock versus $48,000 in Richmond.
Which has lower taxes, Little Rock or Richmond?
Little Rock is taxed under Arkansas's rules (a top state income tax rate of 3.90% and a 6.5% 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).