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Cost of Living: Boston vs Richmond

Purchasing Power Parity: how far does your salary go in Boston compared to Richmond?

In Boston, a salary of $100,000 is equivalent to about $72K in Richmond. That means Richmond offers 39% more spending power. Your money goes further in Richmond.

Based on Numbeo cost of living indices. Full methodology.

Salary Converter

$100K
$10K $500K

Equivalent salary needed in Richmond

$72K

To maintain the same standard of living, you'd need $72K in Richmond vs $100K in Boston

$1 = $0.72

Boston

83.1

Cost of Living Index (NYC = 100)

Richmond

59.8

Cost of Living Index (NYC = 100)

How They Compare

Boston
83.1
Richmond
59.8

Richmond is 28% cheaper than Boston

What Top Roles Earn Here

Real salary data for roles with earnings data in both Boston and Richmond, adjusted for cost of living.

Role Boston median Richmond median COL-adjusted
Software Developer $153K $120K Richmond wins by 9%
Information Technology Project Managers $141K $105K Richmond wins by 4%
Data Scientists $114K $120K Richmond wins by 46%
Software Quality Assurance Analysts and Testers $122K $110K Richmond wins by 25%
Cloud Architect $116K $98K Richmond wins by 17%

Salary data from public records. Adjusted for cost of living using PPP ratio (0.72x). Methodology.

See real salary data

Check actual public salaries for these cities on RoleHue.

Frequently Asked Questions

Q:How much more does it cost to live in Boston vs Richmond?

A: Boston is approximately 39% more expensive than Richmond, based on Numbeo cost of living indices. A salary of $100,000 in Richmond is equivalent to about $139K in Boston. However, actual costs vary by lifestyle, housing choices, and tax situation.

Q:What salary do I need in Boston to match $100,000 in Richmond?

A: To maintain the same purchasing power as $100,000 in Richmond, you would need approximately $139K in Boston. This accounts for differences in housing, groceries, transportation, and other living expenses between the two cities.

Q:Are these cost of living differences accurate for everyone?

A: Cost of living indices provide a useful benchmark, but individual experiences vary by lifestyle, housing choices, and tax situation. The data comes from Numbeo's crowd-sourced cost of living database and reflects average spending patterns. Use the interactive calculator above to model your specific salary scenario.

Q:How do real salaries compare between Boston and Richmond?

A: Based on 5 roles with salary data in both cities, Richmond wins by 9% when adjusted for cost of living. See the role comparison table below for detailed breakdowns with links to full salary pages.

Source: Approximate Numbeo Cost of Living indices (New York = 100). PPP conversion based on relative cost of living: actual purchasing power may vary based on lifestyle, housing, and taxes.

Data updated periodically. Full methodology.

Related comparisons

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Richmond vs cities with a cost of living similar to Boston

Salaries in Boston and Richmond