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The most comprehensive cost of living comparison tool for US cities. Make informed relocation decisions with real data from trusted sources.

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RichmondvsNew York

Moving from Richmond to New York will cost approximately $532,545 more on median home prices (139.0% higher). Monthly rent is $2,219 more expensive in New York. Median income is 4.4% higher in New York, helping offset housing costs.

Housing
139.0% more
Rent
139.0% more
View RichmondView New York
New York

Side-by-Side Comparison

Origin

Richmond, VA

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

New York, NY

Median Home Price
$915,666+139.0%
Monthly Rent
$3,815+139.0%
Median Income
$80,175+4.4%
Population8,550,405
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

New York

2015$2,706
2020$2,571
2025$3,815

Annual Cost of Living

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

Richmond

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

New York

Housing$10,874
Food$6,205
Transport$12,385
Healthcare$11,162
Total$70,483
Costs

Key Insights

139.0%
Housing Cost
more expensive in New York
$2,219
Monthly Rent Difference
additional cost per month
4.4%
Income Level
higher median income

Demographics

Richmond

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

New York

Population8,550,405
Median Age36.0 yrs
Violent Crime Rate308 per 100k
Property Crime Rate1048 per 100k

Safety & Crime Statistics

Richmond

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

New York

308
Violent Crime Rate (per 100k)
1048
Property Crime Rate (per 100k)

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Frequently Asked Questions

Is it cheaper to live in New York or Richmond?

Richmond is 139.0% cheaper for housing than New York. The median home price in Richmond is $383,121 compared to $915,666 in New York.

What is the rent difference between Richmond and New York?

Monthly rent in New York averages $3,815, while Richmond averages $1,596. That's a difference of $2,219 per month, or $26,627 annually.

How do incomes compare between Richmond and New York?

The median household income in New York is $80,175, which is 4.4% higher than Richmond's median of $76,830.

Which city is safer: Richmond or New York?

Richmond has a violent crime rate of 226 per 100k residents, while New York has 308 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.