Moving from Philadelphia to Richmond?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Philadelphia lifestyle in Richmond, you'd need to earn:
$71,534/year
▼ $3,466 less than you make now
| Category | Philadelphia | Richmond |
|---|---|---|
| Salary | $75,000 | $71,534 |
| Federal Income Tax | -$8,114 | -$7,351 |
| Social Security | -$4,650 | -$4,435 |
| Medicare | -$1,088 | -$1,037 |
| State Tax | -$2,303 | -$3,856 |
| Take-Home Pay | $58,846 | $54,854 |
Why the difference
- Cost of living is -4.6% in Richmond
- Housing is -12.4% in Richmond
- At the same $75,000 salary, you'd pay $1,753/year in taxes in Richmond
Estimated Moving Costs
Distance: ~207 miles
DIY Truck
$2,000
Container
$3,500
Full-Service
$5,000
Salary Equivalents: Philadelphia to Richmond
| Your Philadelphia Salary | Richmond Equivalent | Difference | Richmond Take-Home |
|---|---|---|---|
| $40,000 | $38,151 | -$1,849 | $30,757 |
| $50,000 | $47,689 | -$2,311 | $37,872 |
| $60,000 | $57,227 | -$2,773 | $44,987 |
| $75,000 | $71,534 | -$3,466 | $54,854 |
| $100,000 | $95,378 | -$4,622 | $70,258 |
| $150,000 | $143,067 | -$6,933 | $100,570 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Philadelphia and Richmond Compare
Housing (12% cheaper in Richmond)
The average 1-bedroom apartment in Richmond rents for $1,430/month compared to $1,400/month in Philadelphia. Median home prices: $360,000 in Richmond vs $400,000 in Philadelphia.
Taxes
Pennsylvania has a flat 3.1% state income tax. Virginia has a progressive state income tax from 2.0% to 5.8%. On a $75,000 salary, moving to Richmond would cost you about $1,753/year in taxes alone.
Overall Cost of Living
Richmond's overall cost of living is 4.6% lower than Philadelphia, based on the BEA Regional Price Parity index (where 100 = national average).Philadelphia: 102.6, Richmond: 97.9.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Philadelphia to Richmond move. Average cost: $2,000–$5,000.
Compare Moving Quotes →Find Apartments in Richmond
Average 1BR rent in Richmond: $1,430/month. Browse available listings.
Search Apartments →High-Yield Savings
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