CostByCity

Anchorage, AK vs Richmond, VA

Cost of Living Comparison

Richmond, VA is more affordable by 7.6 index points

Side-by-Side Comparison

CategoryAnchorage, AKRichmond, VADifference
Overall105.497.9+7.6
Housing109.999.1+10.8
Goods107.396.8+10.6
Utilities111.889.2+22.6
Other Services103.398.6+4.7

Income & Housing Comparison

MetricAnchorage, AKRichmond, VA
Median Household Income$93,016$80,877
Median Home Value$344,500$299,100
Median Monthly Rent$1,375$1,307
Per Capita Income$44,553$44,141

Frequently Asked Questions

Is Anchorage, AK or Richmond, VA cheaper to live in?
Richmond, VA is more affordable. The cost of living difference is 7.6 index points (Anchorage, AK: 105.4, Richmond, VA: 97.9).
Where is housing cheaper, Anchorage, AK or Richmond, VA?
Housing is more affordable in Richmond, VA. Housing index: Anchorage, AK (109.9) vs Richmond, VA (99.1).