CostIndexUSA

Aurora, CO vs Richmond, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Aurora
105.8
overall index
$1,850/mo rent
More AffordableVA
Richmond
97.9
overall index
$1,650/mo rent

Richmond is moderately cheaper than Aurora — 7.5% lower overall cost of living.

To match an $80,000 salary in Aurora, you would need $74,000 in Richmond. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing32.5%
Aurora
146.9
Richmond
99.1
🛒 Groceries4.2%
Aurora
101
Richmond
96.8
🚗 Transportation0.9%
Aurora
104.4
Richmond
103.5
🏥 Healthcare0.8%
Aurora
94.5
Richmond
93.7
Utilities+1.5%
Aurora
87.9
Richmond
89.2

Salary Equivalency Calculator

Enter your current salary in Aurora to see what you'd need to earn in Richmond to maintain the same purchasing power.

$
Equivalent salary in Richmond, VA
$74,000
$6,000 less needed in Richmond

Formula: salary × (97.9 ÷ 105.8) = salary × 0.9253. Based on BEA Regional Price Parities.

Housing Market

Aurora, CO

Median Home Price
$559,000
Median Monthly Rent
$1,850
Housing Index
146.9
Price-to-Rent Ratio
25.2×

Richmond, VA

Median Home Price
$381,000
Median Monthly Rent
$1,650
Housing Index
99.1
Price-to-Rent Ratio
19.2×

Aurora has 32.5% lower housing costs compared to Richmond.

Income & Job Market

Aurora, CO

Median Household Income
$103,100
Per Capita Income
$58,800
Unemployment Rate
3.6%
Population
366,623
Top Industries
HealthcareAerospaceTechnologyGovernmentRetail

Richmond, VA

Median Household Income
$84,300
Per Capita Income
$48,100
Unemployment Rate
3.9%
Population
226,610
Top Industries
FinanceHealthcareGovernmentManufacturingEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Aurora, CO
4.6×income-to-rent ratio

78% of income left after rent (median)

Richmond, VA
4.3×income-to-rent ratio

77% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.