New York
RichmondVS
Richmond is 36% cheaper than New York overall.
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| New York | Richmond | |
|---|---|---|
| Rent (1BR City Centre) | $5,465.46 CAD | $2,250.00 CAD |
| Rent (1BR Outside Centre) | $4,344.34 CAD | $1,900.00 CAD |
| Groceries Index | 120 | 109 |
| Monthly Transit Pass | $184.98 CAD | $105.00 CAD |
| Utilities (monthly) | $224.22 CAD | $130.00 CAD |
| Gas (per litre) | $1.47 CAD | $1.84 CAD |
| Mid-range Meal | $42.04 CAD | $28.00 CAD |
| Gym Membership | $112.11 CAD | $60.00 CAD |
| Childcare (monthly) | $3,083.08 CAD | $1,350.00 CAD |
Each city is shown in your selected currency (toggle CAD/USD in the header); cheaper values are highlighted after converting to a common currency. Updated June 2026.
Salary Equivalence Calculator
If you earn $in New York...
You would need $38,628 in Richmond to maintain the same lifestyle.
Frequently asked questions
Is New York cheaper than Richmond?
Richmond is 36% cheaper than New York overall.
How much is rent in New York vs Richmond?
A one-bedroom in the city centre averages $3,900 USD per month in New York and $2,250 CAD in Richmond. Outside the centre, it is $3,100 USD in New York and $1,900 CAD in Richmond.
What salary do I need to move from New York to Richmond?
On average, you need about 64% of your current salary — for example, $60,000 in New York is roughly equivalent to $38,628 in Richmond.