Cost of Living in Richmond, Virginia, United States

Are you considering a move to Richmond, Virginia, United States, and wondering about the cost of living? Richmond, Virginia is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Richmond, Virginia and help you understand whether $3354 per month is moderately priced, given the average monthly salary of $4817.4.

Restaurants
Markets
Transportation
Childcare
Clothing
Rent Per Month
Buy Apartment
Salaries
Richmond, Virginia, United States
restaurant

Restaurants

Price

World Range

Meal, Inexpensive Restaurant

20.0 $

Meal for 2 People, Mid-range Restaurant, Three-course

75.0 $

McMeal at McDonalds (or Equivalent Combo Meal)

9.0 $

Domestic Beer (1 pint draught)

4.5 $

Imported Beer (12 oz small bottle)

6.5 $

Cappuccino (regular)

4.75 $

Coke/Pepsi (12 oz small bottle)

2.32 $

Water (12 oz small bottle)

2.19 $

store

Markets

Price

World Range

Milk (regular), (1 gallon)

0.89 $

Loaf of Fresh White Bread (1 lb)

2.83 $

Rice (white), (1 lb)

4.48 $

Eggs (regular) (12)

3.6 $

Local Cheese (1 lb)

10.71 $

Chicken Fillets (1 lb)

11.39 $

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

13.6 $

Apples (1 lb)

5.36 $

Banana (1 lb)

1.13 $

Oranges (1 lb)

6.71 $

Tomato (1 lb)

4.28 $

Potato (1 lb)

3.87 $

Onion (1 lb)

2.73 $

Lettuce (1 head)

1.8 $

Water (1.5 liter bottle)

2.23 $

Bottle of Wine (Mid-Range)

9.24 $

Domestic Beer (0.5 liter bottle)

1.88 $

Imported Beer (12 oz small bottle)

3.03 $

Cigarettes 20 Pack (Marlboro)

7.35 $

commute

Transportation

Price

World Range

One-way Ticket (Local Transport)

1.75 $

Monthly Pass (Regular Price)

60.0 $

Taxi Start (Normal Tariff)

2.5 $

Taxi 1 mile (Normal Tariff)

1.55 $

Taxi 1hour Waiting (Normal Tariff)

22.5 $

Gasoline (1 gallon)

0.91 $

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

23000.0 $

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

32066.67 $

mark_as_unread

Utilities (Monthly)

Price

World Range

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

145.99 $

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

--

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

77.58 $

kitesurfing

Sports And Leisure

Price

World Range

Fitness Club, Monthly Fee for 1 Adult

59.44 $

Tennis Court Rent (1 Hour on Weekend)

20.0 $

Cinema, International Release, 1 Seat

15.0 $

child_friendly

Childcare

Price

World Range

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

895.0 $

International Primary School, Yearly for 1 Child

17444.44 $

checkroom

Clothing And Shoes

Price

World Range

1 Pair of Jeans (Levis 501 Or Similar)

41.35 $

1 Summer Dress in a Chain Store (Zara, H&M, ...)

44.02 $

1 Pair of Nike Running Shoes (Mid-Range)

77.99 $

1 Pair of Men Leather Business Shoes

117.71 $

night_shelter

Rent Per Month

Price

World Range

Apartment (1 bedroom) in City Centre

1587.61 $

Apartment (1 bedroom) Outside of Centre

1431.57 $

Apartment (3 bedrooms) in City Centre

2485.71 $

Apartment (3 bedrooms) Outside of Centre

2190.48 $

home

Buy Apartment Price

Price

World Range

Price per Square Feet to Buy Apartment in City Centre

4512.77 $

Price per Square Feet to Buy Apartment Outside of Centre

1887.26 $

account_balance_wallet

Salaries And Financing

Price

World Range

Average Monthly Net Salary (After Tax)

4817.4 $

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

6.7 %

Cost of Living in Richmond, Virginia, United States

Frequently Asked Questions

What is the monthly cost of living in Richmond, Virginia?

The monthly expenses for living in Richmond, Virginia come to a total of approximately $3354. This includes an average monthly rent of around $1587 for a one-bedroom apartment in the city center, along with utilities costing about $184 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $966 per month.

How affordable is living in Richmond, Virginia?

Living in Richmond, Virginia appears to be relatively budget-friendly when considering the average monthly income of $4817.4. However, to enjoy a comfortable standard of living in Richmond, Virginia, you would likely need an income exceeding $4817.4.

What is the average salary in Richmond, Virginia?

In Richmond, Virginia, the average monthly post-tax salary hovers around $4817.4, and it isn't tied to any particular skillset or qualification.

What is the average rent in Richmond, Virginia?

The typical monthly rent for a one-bedroom apartment in the central area of Richmond, Virginia is approximately $1587. If you're open to living in a location outside the city center, you can expect to pay around $1431.57 for such an apartment.

What is the cost of groceries in Richmond, Virginia?

The expense for groceries in Richmond, Virginia can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $761 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.

What is the cost of living in United States?

The cost of living in United States can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout United States.

Richmond, Virginia, United States

How Safe Is Richmond, Virginia, United States for Travel?
Warnings & Dangers in Richmond, Virginia, United States

MUGGING RISK: MEDIUM

When it comes to mugging, it is suggested to use an ATM that is located inside a police station, mall, or well-lighted location if you have to so as not to become a victim.

TERRORISM RISK: MEDIUM

The government is doing its best to be prepared for terrorist incidents in the future and tourists would need to follow the advice of authorities in case this happens and they should not panic.

SCAMS RISK: MEDIUM

There are scammers operating in Richmond. Be aware that there might be some strangers approaching you for any reason. They may try various methods of distracting you.

OVERALL RISK: MEDIUM

Before visiting any city in the world, you should familiarize yourself with the information related to the possible dangers and risks to make crime prevention a part of your life.

TRANSPORT & TAXIS RISK: MEDIUM

Make a deal with the taxi driver about the price of the ride or make sure that the meter is reset. If you rent a car, do not leave packages or valuables on the seat of your car, as this will be a temptation for thieves.

PICKPOCKETS RISK: MEDIUM

People who show that they are disoriented and lost are the easiest prey for thieves. Keep your head up and do not look at your mobile phone while walking. Pickpockets work in front of famous sites and crowded areas.

NATURAL DISASTERS RISK: MEDIUM

The USA is prone to earthquakes, forest fires, and snowstorms. Richmond is a place with an ideal climate, so snowstorms are rare. However, heavy rain during autumn and spring months can cause floods.

WOMEN TRAVELERS RISK: MEDIUM

Being that women like shopping, they are suggested to shop during daylight hour and if they have to shop at night, they should never go alone. There have been instances of females being attacked.

Useful Information & Tips
credit_card

Visas

Each country has its own entry requirements that have to be met. Travelers to the USA cannot enter the country if they do not have a visa and a valid passport.

currency_exchange

Currency

The American Dollar is the official currency in the USA and travelers would need to exchange their currency into it. They are advised to do that only in licensed exchange bureaux or banks.

cloudy_snowing

Weather

If you are planning to visit Richmond, September, May, and October are the most pleasant months. The coldest months are January and February, but the temperature rarely falls below freezing.

flight_takeoff

Airports

Richmond International Airport is a public airport in Sandston, Virginia and is located 11 km from Richmond. This is the busiest airport in central Virginia and the third-busiest in the state.

health_and_safety

Travel Insurance

Accidents might happen to anyone and they cannot be predicted, So as to be able to get medical help in the USA, you should have travel insurance which will cover those expenses.

Richmond, Virginia, United States

What about weather in Richmond, Virginia, United States ?
Average Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High 47°F 51°F 60°F 70°F 77°F 85°F 88°F 86°F 80°F 70°F 60°F 51°F
Temp 37°F 40°F 48°F 58°F 66°F 75°F 78°F 76°F 70°F 59°F 49°F 41°F
Low 30°F 32°F 39°F 48°F 57°F 65°F 69°F 68°F 61°F 50°F 40°F 34°F
Average Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High 8°C 10°C 15°C 21°C 25°C 29°C 31°C 30°C 26°C 21°C 15°C 10°C
Temp 2°C 4°C 8°C 14°C 18°C 23°C 25°C 24°C 21°C 15°C 9°C 5°C
Low -1°C 0°C 3°C 8°C 13°C 18°C 20°C 20°C 16°C 10°C 4°C 1°C

Comparison Cost of living in other cities in United States with Richmond, Virginia

Comparison Cost of living in other cities

Cost of living in countries