The cost of living in Richmond, VA is 6% lower than the state average and 4% lower than the national average. Richmond, VA housing is 10% cheaper than the U.S average, while utilities are about 3% pricier.
What salary do you need to live in Richmond VA?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 1 Child | |
| Required annual income after taxes | $31,622 | $54,850 |
| Annual taxes | $7,758 | $13,456 |
| Required annual income before taxes | $39,380 | $68,306 |
Is the cost of living high in Richmond VA?
Greater Richmond offers a high quality of life on par with the national average cost. According to the Council for Community and Economic Research’s Cost of Living Index, Annual Average 2021, our region’s overall cost of living is almost 4 percent below the national average, 96.1 and 100.0, respectively.
Is it worth moving to Richmond VA?
The cost of living in Richmond is right in line with the U.S. average and 6% lower than the state average. And the housing costs are budget-friendly, too! With a median home price at $199,300 and a median monthly rent at $916, it’s easy for new Richmond residents to find homes that will fit their needs.
Is Richmond a good city to live in?
Richmond also made our list of the 5 Best Places to Live in Virginia. Richmond is at the fall line of the James River, 44 miles west of Williamsburg, 66 miles east of Charlottesville, and 92 miles south of Washington, D.C. With about 213,735 residents, Richmond is the fourth-most populous metro in the state.
What is a good paying job in Virginia?
High Paying jobs in Virginia
- Entry Level Class A CDL Truck Driver – Hiring Immediately No Experience! Western Express.
- Medical Lab Tech I.
- Field Marketing.
- General Manager.
- Roadside Assistance Technician.
- In Home Caregiver.
- Factory Associate.
- Speech Language Pathologist SLP – Full-time in SNF Setting – High Paying.
Is living in Virginia Affordable?
The average cost of living in Virginia is just 1% higher than in the average U.S. state. So living in Virginia is cheaper than some states (like California), more expensive than some (like Tennessee) and about the same as others (like Florida).
What city in Virginia has the lowest cost of living?
The 25 cheapest places to live in Virginia
| Rank | City | 1-BR Average Rent |
|---|---|---|
| 1 | Roanoke | $593 |
| 2 | Vinton | $788 |
| 3 | Petersburg | $827 |
| 4 | Lynchburg | $848 |
What’s the best part of Richmond to live in?
If you’re thinking about living in Richmond, check out these five best neighborhoods for safety and affordability!
- Bellevue.
- Byrd Park.
- Museum District.
- Three Chopt.
- Westover Hills.
Do people like living in Richmond?
Richmond is a very nice city to live in. Although we might have the 5th worst drivers in the nation, the city makes up for it with the bus system providing free transportation. There are also 20 hospitals and the percentage of first responders to citizens is higher than the national average.
Is Richmond VA a walkable city?
Richmond is an incredibly walkable and bicycle-friendly city, where the need for a car isn’t always necessary. The city has a network of sidewalks that make it easy to walk or bike from one neighborhood to another, and Richmond has a bus-based public transportation system.
Are people friendly in Richmond VA?
Friendly Residents
Richmond, Virginia, is unique because it is a very friendly city. The individuals who live there are very hospitable and welcoming of new individuals. Anyone currently looking for a city to move to that is accepting and filled with pleasant individuals may want to settle down in this area.
Is Richmond a posh area?
The Royal Borough of Richmond upon Thames is one of London’s most expensive areas, with house prices sitting significantly above the London average. The Royal Borough of Richmond upon Thames is one of London’s most expensive areas, with house prices sitting significantly above the London average.
What is Richmond known for?
Richmond is a city of culture, nature, food, and more! There are infinite things to do in RVA, from dining at James Beard-nominated restaurants to white water rafting down the mighty James River, from visiting world-class museums to attending incredible ethnic festivals.
What jobs are in high demand in Virginia?
Detailed List Of The Fastest Growing Jobs In Virginia
| Rank | Job Title | Jobs in 2024 |
|---|---|---|
| 1 | Occupational Therapy Assistant | 1,220 |
| 2 | Physical Therapy Aide | 1,670 |
| 3 | Home Health Aid | 14,490 |
| 4 | Nurse Practitioner | 5,050 |
What is the most common job in Virginia?
Detailed List Of The Most Common Jobs In Richmond, VA
| Rank | Job Title | Count |
|---|---|---|
| 1 | Cashier | 5,981 |
| 2 | Customer Service Representative | 5,953 |
| 3 | Sales Associate | 4,242 |
| 4 | Internship | 3,848 |
What is the starting pay in Virginia?
Entry Level Salary in Virginia
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $44,841 | $22 |
| 75th Percentile | $38,992 | $19 |
| Average | $34,496 | $17 |
| 25th Percentile | $24,370 | $12 |
Is moving to Virginia worth it?
There are many pros and cons to moving to Virginia, but the pros definitely outweigh the cons. With a low crime rate, great quality of healthcare, and a strong economy, it is no surprise that Virginia is one of the best places to live. Surrounded by history and living in the heart of where America began is pretty cool.
What is a decent salary in Virginia?
Virginia ranks number 13 out of 50 states for salaries on ZipRecruiter. As of Nov 22, the average annual salary in Virginia is $61,836. Just in case you need a simple salary calculator, that works out to be approximately $29.73 an hour.
Why is rent so high in Virginia?
Virginia Apartment Management Association CEO Patrick McCloud cites low vacancy, inflation, low supply and rental assistance programs.
What is the poorest place in Virginia?
Danville was ranked the poorest city in Virginia in a 24/7 Wall St.
The Center Square.
| Poorest City | University |
|---|---|
| Median Household Income | $28,495 |
| Poverty Rate | 35.4% |
| Median Home Value | $106,400 |
| Population | 48,436 |