Quick answer
Overall prices in the Dallas, TX metro were 103.1 vs 97.9 in Richmond, VA in 2024 (US = 100), so Dallas is 5.3% more expensive than Richmond; housing rents differ by 19% (117.9 vs 99.1). A $75,000 income in Dallas buys about what $71,194 buys in Richmond, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Dallas | Richmond | Dallas vs Richmond |
|---|---|---|---|
| All items | 103.1 | 97.9 | +5.3% |
| Goods | 102.8 | 96.8 | +6.3% |
| Housing (rents) | 117.9 | 99.1 | +18.9% |
| Utilities | 90.7 | 89.2 | +1.7% |
| Other services | 99.7 | 98.6 | +1.1% |
| All items, 2008 | 101.4 | 98.1 | +3.3% |
| $50,000 in Dallas equals in Richmond | $47,462 | ||
| $100,000 in Dallas equals in Richmond | $94,925 | ||
| $150,000 in Dallas equals in Richmond | $142,387 |
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Last updated 2026-10-16. Data only, not financial or tax advice.