Fredericksburg, VA vs Richmond, VA: Cost of Living Comparison
Richmond has the lower overall cost of living. (100 = US national average)
Category-by-Category Comparison
| Category | Fredericksburg | Richmond | Cheaper |
|---|---|---|---|
| Overall cost of living | 120 | 95 | Richmond |
| Housing | 133 ($1,065) | 94 ($920) | Richmond |
| Transportation | 102 ($3.50) | 105 ($3.50) | Fredericksburg |
| Food & groceries | 114 ($467) | 84 ($344) | Richmond |
| Utilities | 117 ($239) | 97 ($169) | Richmond |
| Healthcare | 117 ($173) | 97 ($122) | Richmond |
| Median annual wage | 115 ($55,690) | 115 ($55,690) | Tie |
Index 100 = US national average. Lower = cheaper. For wage, higher = better.
Frequently Asked Questions
Is Fredericksburg, VA or Richmond, VA cheaper to live in?
Richmond, VA is cheaper overall by about 25 index points (Fredericksburg, VA: 120, Richmond, VA: 95; 100 = US national average).
What salary do I need in Fredericksburg, VA vs Richmond, VA?
A single adult needs roughly $42,000/year in Fredericksburg, VA and $33,250/year in Richmond, VA to cover basic living costs.