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Cost of Living: Philadelphia vs Richmond

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

In Philadelphia, a salary of $100,000 is equivalent to about $90K in Richmond. That means Richmond offers 11% 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

$90K

To maintain the same standard of living, you'd need $90K in Richmond vs $100K in Philadelphia

$1 = $0.9

Philadelphia

66.2

Cost of Living Index (NYC = 100)

Richmond

59.8

Cost of Living Index (NYC = 100)

How They Compare

Philadelphia
66.2
Richmond
59.8

Richmond is 10% cheaper than Philadelphia

What Top Roles Earn Here

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

Role Philadelphia median Richmond median COL-adjusted
Software Developer $123K $120K Richmond wins by 8%
Software Quality Assurance Analysts and Testers $120K $110K roughly equal
Data Scientists $97K $120K Richmond wins by 38%
Computer Systems Analysts $104K $90K Philadelphia wins by 4%
Information Technology Project Managers $131K $105K Philadelphia wins by 11%

Salary data from public records. Adjusted for cost of living using PPP ratio (0.9x). 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 Philadelphia vs Richmond?

A: Philadelphia is approximately 11% more expensive than Richmond, based on Numbeo cost of living indices. A salary of $100,000 in Richmond is equivalent to about $111K in Philadelphia. However, actual costs vary by lifestyle, housing choices, and tax situation.

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

A: To maintain the same purchasing power as $100,000 in Richmond, you would need approximately $111K in Philadelphia. 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 Philadelphia and Richmond?

A: Based on 5 roles with salary data in both cities, Richmond wins by 8% 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 Philadelphia

Salaries in Philadelphia and Richmond