Housing costs in Richmond?
A typical home costs
$275,300, which is 18.6% less expensive than the national average of
$338,100 and 19.8% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Richmond costs
$1,200 per month, which is 14.3% cheaper than the national average of
$1,400 and 10.8% cheaper than the state average of
$1,330.
Can I afford Richmond?
To live comfortably in Richmond (zip 23223), Virginia, a minimum annual income of
$52,920 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Richmond?
equestId:88546fb3-02e2-4c0d-a340-17a82535cd23,resource:content,data:[{id:txt_f5b313044b7e4007bae51958944cc8a9,text:\n \nThe cost of living in 23223 Richmond, VA is relatively high compared to other parts of the state. The average one-bedroom apartment in the area costs around $1,400 a month and groceries are also more expensive than in other areas. Additionally, utilities such as water, gas, and electricity can be costly. However, Richmond is home to a vibrant job market with good wages so while it may be more expensive than many places in Virginia, there is potential for people to make a good income.