Richmond, CA Cost of Living (2024): How Expensive Is It?

What salary do you need to live in Richmond, CA?

Overall, on average, a gross annual salary of $78,795 is required for an average quality of life in Richmond, CA.

Does Richmond, CA have a high cost of living?

Richmond, CA is ranked 284th out of the top 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of the most expensive cities in which to live in the U.S. Richmond, CA's average monthly rent is 5% higher than than the U.S. average cost of rent.

Is $75K a good salary in Richmond, CA?

A gross annual salary of $75,000 in Richmond, CA will yield an average annual net salary of $62,632. Considering that the total average annual cost of living in Richmond, CA is $56,806, a gross annual salary of $75,000 will be sufficient to cover average living costs.

How much should I pay for rent in Richmond, CA?

The average monthly rent in Richmond, CA in the city center is $1,806 for a 1 bedroom apartment, $2,204 for a 2 bedroom apartment and $2,707 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,803 for a 1 bedroom apartment, $2,206 for a 2 bedroom apartment and $2,708 for a 3 bedroom apartment.