Cost of Living: Roanoke, 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 Roanoke, VA versus $4,181/mo in Richmond, VA. In the model, rent is about 14.04% of gross in Roanoke, VA versus 19.15% in Richmond, VA, so Roanoke, VA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Roanoke, VA and Richmond, VA.
At a glance
- Cheaper overall (lower cost-of-living index): Richmond, VA
- Lower rent (median 1BR/2BR): Roanoke, VA
- Lower home prices: Roanoke, VA
- Higher median household income: Richmond, VA
Cost of Living Index
Roanoke, VA: 100 (U.S. = 100) · Richmond, VA: 93.8 (U.S. = 100)
Richmond, VA has a lower cost-of-living index than Roanoke, VA, so a given salary generally stretches further there.
Median Rent
Roanoke, VA: $916/mo (midpoint of 1BR/2BR) · Richmond, VA: $1,249/mo
Median rent in Richmond, VA is $333/mo higher than in Roanoke, VA.
Median Home Price
Roanoke, VA: $180,500 · Richmond, VA: $328,100
Median home price in Richmond, VA is $147,600 higher than in Roanoke, VA.
Median Household Income
Roanoke, VA: $52,671 · Richmond, VA: $62,671
Richmond, VA has a higher median household income than Roanoke, VA by $10,000.
Roanoke, VA overview · Richmond, VA overview · Popular comparisons