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.
Understanding how rental prices have changed over time helps predict future affordability and make informed decisions about your move.
A comprehensive breakdown of annual living expenses helps you budget effectively for your new life in Boston.
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Richmond is 103.2% cheaper for housing than Boston. The median home price in Richmond is $383,121 compared to $778,429 in 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.
The median household income in Boston is $100,532, which is 30.8% higher than Richmond's median of $76,830.
Richmond has a violent crime rate of 226 per 100k residents, while Boston has 301 per 100k. Richmond is statistically safer.
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.