Cost of Living: Blacksburg, VA vs Richmond, VA

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,181/mo in Blacksburg, VA versus $4,181/mo in Richmond, VA. In the model, rent is about 18.81% of gross in Blacksburg, VA versus 19.15% in Richmond, VA, so Blacksburg, VA tends to feel more affordable for rent.

Take-home in Blacksburg, VA
$4,181/mo
Income level: above
Take-home in Richmond, VA
$4,181/mo
Income level: near
Rent share (1BR) in Blacksburg, VA
18.81%
COLI tier: mid-range
Rent share (1BR) in Richmond, VA
19.15%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Blacksburg, VA and Richmond, VA.

At a glance

  • Cheaper overall (lower cost-of-living index): Richmond, VA
  • Lower rent (median 1BR/2BR): Blacksburg, VA
  • Lower home prices: Richmond, VA
  • Higher median household income: Richmond, VA

Cost of Living Index

Blacksburg, VA: 100 (U.S. = 100) · Richmond, VA: 93.8 (U.S. = 100)

Richmond, VA has a lower cost-of-living index than Blacksburg, VA, so a given salary generally stretches further there.

Median Rent

Blacksburg, VA: $1,226/mo (midpoint of 1BR/2BR) · Richmond, VA: $1,249/mo

Median rent in Richmond, VA is $23/mo higher than in Blacksburg, VA.

Median Home Price

Blacksburg, VA: $417,200 · Richmond, VA: $328,100

Median home price in Blacksburg, VA is $89,100 higher than in Richmond, VA.

Median Household Income

Blacksburg, VA: $48,070 · Richmond, VA: $62,671

Richmond, VA has a higher median household income than Blacksburg, VA by $14,601.

Blacksburg, VA overview · Richmond, VA overview · Popular comparisons