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Last updated: Feb 2026

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RichmondvsBoston

Last updated: Feb 2026
Data Methodology

Moving from Richmond to Boston will cost approximately $395,308 more on median home prices (103.2% higher). Monthly rent is $1,647 more expensive in Boston. Median income is 30.8% higher in Boston, helping offset housing costs.

Housing
103.2% more
Rent
103.2% more
View RichmondView Boston
Boston

Side-by-Side Comparison

Origin

Richmond, VA

Median Home Price$383,121
Monthly Rent$1,596
Median Income$76,830
Population220,289
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Destination

Boston, MA

Median Home Price
$778,429+103.2%
Monthly Rent
$3,243+103.2%
Median Income
$100,532+30.8%
Population669,469
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Cities Location Map

Housing

Rent History & Trends

Understanding how rental prices have changed over time helps predict future affordability and make informed decisions about your move.

Richmond

2015$948
2020$1,173
2025$1,596

Boston

2015$2,273
2020$2,347
2025$3,243

Annual Cost of Living

A comprehensive breakdown of annual living expenses helps you budget effectively for your new life in Boston.

Richmond

Housing$9,841
Food$6,038
Transport$13,096
Healthcare$10,514
Total$43,856

Boston

Housing$16,490
Food$7,343
Transport$12,320
Healthcare$8,876
Total$63,621
Costs

Key Insights

103.2%
Housing Cost
more expensive in Boston
$1,647
Monthly Rent Difference
additional cost per month
30.8%
Income Level
higher median income

Demographics

Richmond

Population220,289
Median Age33.6 yrs
Violent Crime Rate226 per 100k
Property Crime Rate1449 per 100k

Boston

Population669,469
Median Age31.8 yrs
Violent Crime Rate301 per 100k
Property Crime Rate1000 per 100k

Safety & Crime Statistics

Richmond

226
Violent Crime Rate (per 100k)
1449
Property Crime Rate (per 100k)

Boston

301
Violent Crime Rate (per 100k)
1000
Property Crime Rate (per 100k)

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Frequently Asked Questions

Is it cheaper to live in Boston or Richmond?

Richmond is 103.2% cheaper for housing than Boston. The median home price in Richmond is $383,121 compared to $778,429 in Boston.

What is the rent difference between Richmond and Boston?

Monthly rent in Boston averages $3,243, while Richmond averages $1,596. That's a difference of $1,647 per month, or $19,765 annually.

How do incomes compare between Richmond and Boston?

The median household income in Boston is $100,532, which is 30.8% higher than Richmond's median of $76,830.

Which city is safer: Richmond or Boston?

Richmond has a violent crime rate of 226 per 100k residents, while Boston has 301 per 100k. Richmond is statistically safer.

What is Estates?

Estates is a comprehensive cost of living comparison platform covering over 3,900 US cities. We help you compare housing prices, rent, income levels, crime rates, demographics, and climate data to make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.

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