CICostIndexUSA

Flint, MI vs Richmond, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMI
Flint
93
overall index
$1,075/mo rent
VA
Richmond
97.9
overall index
$1,775/mo rent

Flint is moderately cheaper than Richmond — 5.3% lower overall cost of living.

To match an $80,000 salary in Flint, you would need $84,200 in Richmond. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+33.9%
Flint
74
Richmond
99.1
🛒 Groceries+3.3%
Flint
93.7
Richmond
96.8
🚗 Transportation1.0%
Flint
104.5
Richmond
103.5
🏥 Healthcare1.0%
Flint
94.6
Richmond
93.7
Utilities8.1%
Flint
97.1
Richmond
89.2

Salary Equivalency Calculator

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

$
Equivalent salary in Richmond, VA
$84,200
$4,200 more needed in Richmond

Formula: salary × (97.9 ÷ 93) = salary × 1.0527. Based on BEA Regional Price Parities.

Housing Market

Flint, MI

Median Home Price
$199,000
Median Monthly Rent
$1,075
Housing Index
74
Price-to-Rent Ratio
15.4×

Richmond, VA

Median Home Price
$400,000
Median Monthly Rent
$1,775
Housing Index
99.1
Price-to-Rent Ratio
18.8×

Richmond has 33.9% higher housing costs compared to Flint.

Income & Job Market

Flint, MI

Median Household Income
$63,600
Per Capita Income
$36,300
Unemployment Rate
7.7%
Population
81,252
Top Industries
HealthcareManufacturingEducationGovernmentRetail

Richmond, VA

Median Household Income
$83,500
Per Capita Income
$47,600
Unemployment Rate
3.8%
Population
226,610
Top Industries
FinanceHealthcareGovernmentManufacturingEducation

Affordability at a Glance

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

Flint, MI
4.9×income-to-rent ratio

80% of income left after rent (median)

Richmond, VA
3.9×income-to-rent ratio

74% 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.