Cost of living comparison

 Raleigh (NC), United States
compared to
 Richmond (VA), United States
Richmond vs. Raleigh Cost of Living Summary

Richmond is 10.5% cheaper than Raleigh.

Restaurants
pay 17.7% less in Richmond
Groceries
pay 17.6% less in Richmond
Transportation
pay 6.4% less in Richmond
Housing
pay 19.0% less in Richmond
Childcare
pay 14.8% more in Richmond
Entertainment and Sports
pay 0.6% more in Richmond
Clothing
pay 28.2% less in Richmond

The cost of childcare and entertainment and sports in Richmond are more expensive than in Raleigh. Expenses including clothing, housing, restaurants, groceries, and transportation are lower in Richmond.

Richmond vs. Raleigh Cost Breakdown

If you lived in Richmond instead of Raleigh, you would:

pay 17.7% less for restaurants

 
Raleigh
Richmond
Basic meal with drink at inexpensive restaurant $20.00
 
$20.00
 
Fast food combo meal
McDonalds, or similar
$11.00
 
$9.00
 
Bottle of Coca-Cola (11 fl. oz) $2.95
 
$2.28
 

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pay 17.6% less for groceries

 
Raleigh
Richmond
Bread
1 loaf
$4.34
 
$2.91
 
Local cheese (8 oz) $7.03
 
$4.56
 
Milk (1 gallon) $3.63
 
$3.26
 

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pay 6.4% less for transportation

 
Raleigh
Richmond
Gasoline (1 gallon) $3.37
 
$3.40
 
Monthly public transit pass $60.00
 
$60.00
 
New Volkswagen Golf 1.4 (standard edition) $32,344.69
 
$28,351.00
 

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pay 19.0% less for housing

 
Raleigh
Richmond
Internet connection
50 mbps or faster, cable/dsl
$81.24
 
$71.66
 
1-Bedroom apartment in downtown area $1,962.72
 
$1,561.72
 
1-Bedroom apartment outside city center $1,603.24
 
$1,421.52
 

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pay 14.8% more for childcare

 
Raleigh
Richmond
Private preschool for 1 child, monthly $1,471.67
 
$1,329.17
 
Middle school for 1 child, two semesters $22,111.00
 
$30,776.00
 

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pay 0.6% more for entertainment and sports

 
Raleigh
Richmond
Domestic/local beer (1 pint) $6.00
 
$5.45
 
Cappuccino in mid-range area $5.49
 
$4.75
 
Pack of cigarettes
Marlboro or similar
$7.50
 
$8.20
 

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pay 28.2% less for clothing

 
Raleigh
Richmond
Regular jeans
Levi's brand
$66.71
 
$44.44
 
Regular dress
from H&M or similar store
$52.00
 
$39.24
 
Running shoes
Nike or Adidas
$108.07
 
$80.82
 

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: April 2025
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