Cost of Living: Richmond, VA vs Alexandria, VA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,181/mo in Richmond, VA versus $4,181/mo in Alexandria, VA. In the model, rent is about 19.15% of gross in Richmond, VA versus 29.59% in Alexandria, VA, so Richmond, VA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Richmond, VA and Alexandria, VA.
At a glance
- Cheaper overall (lower cost-of-living index): Richmond, VA
- Lower rent (median 1BR/2BR): Richmond, VA
- Lower home prices: Richmond, VA
- Higher median household income: Alexandria, VA
Cost of Living Index
Richmond, VA: 93.8 (U.S. = 100) · Alexandria, VA: 128.4 (U.S. = 100)
Richmond, VA has a lower cost-of-living index than Alexandria, VA, so a given salary generally stretches further there.
Median Rent
Richmond, VA: $1,249/mo (midpoint of 1BR/2BR) · Alexandria, VA: $1,930/mo
Median rent in Alexandria, VA is $681/mo higher than in Richmond, VA.
Median Home Price
Richmond, VA: $328,100 · Alexandria, VA: $696,800
Median home price in Alexandria, VA is $368,700 higher than in Richmond, VA.
Median Household Income
Richmond, VA: $62,671 · Alexandria, VA: $113,638
Alexandria, VA has a higher median household income than Richmond, VA by $50,967.
Richmond, VA overview · Alexandria, VA overview · Popular comparisons