Cost of living in Richmond — 2026
Richmond has 227,595 residents and lies in Virginie. Median rent there comes to roughly €1,123 per month in 2026. To buy, expect 280,451 €. Median income is 53,570 €/year, meaning reference rent absorbs about 25% of monthly income.
Cost of living in Richmond
Rent
- Median rent
- 1,123 €/month
Buy
- Median home value
- 280,451 €
Income
- Median household income
- 53,570 €/year
Local taxes
- Median property tax paid
- 2,422 €/year
Quality of life — Richmond
Rent burdenShare of household income spent on rent — US Census ACS 5-year 2023
Poverty rateShare of the population below the poverty line — US Census ACS 5-year 2023
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