The cost of living in Richmond is reflected by an index of 58, with rent index at 53. This page helps compare living expenses, rent, groceries, and affordability in Richmond.
Richmond has a cost of living index of 58 and a rent index of 53. That makes it more affordable than the priciest US city markets. Grocery and restaurant costs are shown below to help users compare daily spending.
| Metric | Value |
|---|---|
| Cost of living index | 58 |
| Rent index | 53 |
| Groceries index | 61 |
| Restaurant price index | 63 |
| Local purchasing power | 96 |
| 1-bed rent in city centre | $1,272 |
| 1-bed rent outside centre | $1,018 |
Users often compare local prices with local pay. See the average salary in Richmond.
This page shows the relative cost, rent, grocery, and restaurant indices so users can compare Richmond with other places in the US.
The sample dataset on this starter site uses a one-bedroom city-centre rent estimate of $1,272 per month.
Sources: Numbeo for cost of living metrics. Cost update: 2026-04-01. Salary context from BLS 2025.