Richmond, VA

CBSA: 40060 · Data year: 2024

97.9

Overall

96.8

Goods

89.2

Services

99.1

Rents

Price Index vs National Average (100)

Overall 97.9

Goods 96.8

Services 89.2

Rents 99.1

Vertical line = national average (100)

A $100,000 salary at the national average cost of living equals:

$97,858

in Richmond, VA purchasing power

Use the salary calculator for custom amounts.

Year	Overall	Goods	Services	Rents
2008	98.1	97.5	87.4	100.3
2009	97.5	95.6	90.5	103.2
2010	98.6	96.7	91.6	101.4
2011	99.4	96.7	90.8	103.5
2012	98.6	96.8	91.6	99.5
2013	98.3	96.7	89.5	99.4
2014	98.5	96.8	90.8	100.3
2015	98.9	96.0	91.3	100.9
2016	99.3	96.7	89.0	98.8
2017	97.8	96.5	86.0	95.8
2018	97.1	95.6	89.4	99.4
2019	95.2	95.1	92.1	95.4
2020	95.9	95.2	90.5	100.8
2021	98.0	96.1	87.1	99.5
2022	97.6	95.5	89.3	98.1
2023	98.3	97.1	88.8	101.0
2024	97.9	96.8	89.2	99.1

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area. Index where national average = 100.