Portsmouth, VA vs Richmond, VA: Cost of Living Comparison
Portsmouth has the lower overall cost of living. (100 = US national average)
Category-by-Category Comparison
| Category | Portsmouth | Richmond | Cheaper |
|---|---|---|---|
| Overall cost of living | 80 | 95 | Portsmouth |
| Housing | 66 ($886) | 94 ($920) | Portsmouth |
| Transportation | 105 ($3.50) | 105 ($3.50) | Tie |
| Food & groceries | 79 ($324) | 84 ($344) | Portsmouth |
| Utilities | 83 ($119) | 97 ($169) | Portsmouth |
| Healthcare | 83 ($86) | 97 ($122) | Portsmouth |
| 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 Portsmouth, VA or Richmond, VA cheaper to live in?
Portsmouth, VA is cheaper overall by about 15 index points (Portsmouth, VA: 80, Richmond, VA: 95; 100 = US national average).
What salary do I need in Portsmouth, VA vs Richmond, VA?
A single adult needs roughly $28,000/year in Portsmouth, VA and $33,250/year in Richmond, VA to cover basic living costs.