Living Cost Compare
Richmond

Virginia

$1,390/mo est.

vs
Washington

District of Columbia

$2,150/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,390 in Richmond, VA versus $2,150 in Washington, DC. Overall, Richmond, VA is roughly 35% cheaper to live in day-to-day than Washington, DC, driven mainly by rent.

Median household income is $62,671 in Richmond, VA and $106,287 in Washington, DC — about 41% higher in Washington, DC. Virginia has a top state income tax rate of 5.75% and a 5.3% state sales tax; District of Columbia has a top state income tax rate of 10.75% and a 6% state sales tax.

Rent

Studio
$1,183
$1,763
+49% in Washington, DC
1 Bedroom
$1,195
$1,885
+58% in Washington, DC
2 Bedroom
$1,374
$1,949
+42% in Washington, DC
3 Bedroom
$1,447
$2,249
+55% in Washington, DC

Buying a Home

Median Home Value
$328,100
$724,600
+121% in Washington, DC

Income

Median Household Income
$62,671
$106,287
+70% in Washington, DC
Metro Median Wage (annual)
$51,460
$71,060
+38% in Washington, DC

People & Lifestyle

Median Age
34.5 yr
34.9 yr
+0.4 yr in Washington, DC
Homeownership
43.5%
41.1%
+2.4 pp in Richmond, VA
Bachelor's+ (25+)
44.1%
63.6%
+19.5 pp in Washington, DC
Avg Commute
22.1 min
30.3 min
+8.2 min in Washington, DC

Crime (per 100k/yr)

Violent Crime
349
936.3
+168% in Washington, DC
Property Crime
3,240.2
3,627.9
+12% in Washington, DC

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

Climate

Avg Annual Temperature
58.9°F
58.2°F
+0.7°F in Richmond, VA
Annual Precipitation
43.6 in
39.7 in
+3.9 in in Richmond, VA

Gas

Regular Gasoline
$3.86/gal
$3.86/gal
about equal

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

Public Transit

Base Fare (one-way)
$2.00

Adult base one-way fare — vs WMATA (Metrobus) (2026).

Utilities

Electricity (¢/kWh)
17.6
25.4
+44% in Washington, DC
Natural Gas ($/MCF)
$23.66
$22.01
+7% in Richmond, VA

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 (VA / DC)
5.3%
6%
+0.7 pp in DC
Income Tax (top rate)
5.75%
10.75%
+5.0 pp in DC

Richmond vs Washington — FAQ

Is it cheaper to live in Richmond or Washington?
Richmond, VA is cheaper. Its monthly baseline of $1,390 (1BR rent + utilities) runs about 35% below Washington, DC's $2,150, mainly because of rent.
How much more do you need to earn to live in Richmond than in Washington?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $48,000 a year in Richmond versus $75,000 in Washington.
Which has lower taxes, Richmond or Washington?
Richmond is taxed under Virginia's rules (a top state income tax rate of 5.75% and a 5.3% state sales tax); Washington under District of Columbia's (a top state income tax rate of 10.75% and a 6% 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).