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Cost of living: Denver, CO vs Richmond, VA (2024)

Quick answer

Overall prices in the Denver, CO metro were 105.8 vs 97.9 in Richmond, VA in 2024 (US = 100), so Denver is 8.1% more expensive than Richmond; housing rents differ by 48% (146.9 vs 99.1). A $75,000 income in Denver buys about what $69,382 buys in Richmond, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)DenverRichmondDenver vs Richmond
All items105.897.9+8.1%
Goods101.096.8+4.3%
Housing (rents)146.999.1+48.2%
Utilities87.989.2-1.5%
Other services99.498.6+0.8%
All items, 2008105.898.1+7.8%
$50,000 in Denver equals in Richmond$46,255
$100,000 in Denver equals in Richmond$92,509
$150,000 in Denver equals in Richmond$138,764

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Last updated 2026-10-16. Data only, not financial or tax advice.

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