CostIndexUSA

Greeley, CO vs Richmond, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Greeley
100.2
overall index
$1,700/mo rent
More AffordableVA
Richmond
97.9
overall index
$1,650/mo rent

Richmond is slightly cheaper than Greeley — 2.3% lower overall cost of living.

To match an $80,000 salary in Greeley, you would need $78,200 in Richmond. Calculate your salary ↓

Category Breakdown

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

🏠 Housing12.0%
Greeley
112.6
Richmond
99.1
🛒 Groceries+0.7%
Greeley
96.1
Richmond
96.8
🚗 Transportation1.2%
Greeley
104.8
Richmond
103.5
🏥 Healthcare1.2%
Greeley
94.8
Richmond
93.7
Utilities+8.8%
Greeley
82
Richmond
89.2

Salary Equivalency Calculator

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

$
Equivalent salary in Richmond, VA
$78,200
$1,800 less needed in Richmond

Formula: salary × (97.9 ÷ 100.2) = salary × 0.9770. Based on BEA Regional Price Parities.

Housing Market

Greeley, CO

Median Home Price
$489,000
Median Monthly Rent
$1,700
Housing Index
112.6
Price-to-Rent Ratio
24.0×

Richmond, VA

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

Greeley has 12.0% lower housing costs compared to Richmond.

Income & Job Market

Greeley, CO

Median Household Income
$91,000
Per Capita Income
$51,900
Unemployment Rate
4%
Population
108,795
Top Industries
AgricultureHealthcareEducationManufacturingEnergy

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).

Greeley, CO
4.5×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.