Home › Compare › Fort Worth, TX vs Richmond, VA

Cost of Living: Fort Worth, TX vs Richmond, VA

A data-driven comparison of housing, groceries, transportation, taxes, job market and more. See which city gives you more for your money.

5.3% Richmond, VA is more expensive overall
15.6% 15.6% more expensive housing
3.2% 3.2% more expensive groceries
Updated April 2026 · Data: Bureau of Labor Statistics, U.S. Census Bureau National average = 100

At a Glance

🏠 Housing 15.6% more
Fort Worth
90
Richmond
104
🛒 Groceries 3.2% more
Fort Worth
95
Richmond
98
🚗 Transportation ~Same
Fort Worth
98
Richmond
98
🏥 Healthcare 4.2% more
Fort Worth
96
Richmond
100
⚡ Utilities 2.9% cheaper
Fort Worth
103
Richmond
100

Detailed Breakdown

Category Fort Worth, TX Richmond, VA Difference
Overall Cost Index951005.3% more
Housing9010415.6% more
Median 1BR Rent$1,250$1,3004.0% more
Median Home Price$300,000$320,0006.7% more
Groceries95983.2% more
Transportation9898~Same
Healthcare961004.2% more
Utilities1031002.9% less

Tax Comparison

Tax Type Fort Worth, TX Richmond, VA
State Income TaxNone (0%)5.75% (top)
State Sales Tax6.25%5.30%
Avg Property Tax Rate1.60%0.74%
Estate / Inheritance TaxNoneNone

What You'd Need to Earn

Fort Worth, TX
$68,000
Median household income
Richmond, VA
$62,000
Median household income
⚠️ Heads up: Richmond costs more but median income is lower. You may need to earn more to maintain the same standard of living.

Salary Equivalent Calculator

Find out what you'd need to earn in Richmond to maintain your Fort Worth lifestyle.

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Based on overall cost index: Fort Worth (95) vs Richmond (100). This is an estimate for comparison purposes.

Job Market Snapshot

Unemployment Rate
Fort Worth3.9%
Richmond3.4%
Job Growth (YoY)
Fort Worth3.0%
Richmond2.5%
Top Industries
Fort WorthAerospace, Logistics, Manufacturing
RichmondFinance, Government, Manufacturing

Quality of Life

Avg Commute
Fort Worth27 min
Richmond24 min
Walk Score
Fort Worth32
Richmond52
Air Quality (AQI)
Fort Worth47
Richmond38
Avg Temperature
Fort Worth65°F
Richmond58°F
Population
Fort Worth978,468
Richmond226,610

Moving from Fort Worth to Richmond?

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Planning Your Move?

Here are some helpful resources if you're considering relocating.

🏠 Find ApartmentsBrowse rentals in Fort Worth and Richmond → 🚚 Get Moving QuotesCompare prices from top movers → 📈 Check Home ValuesSee real estate trends in both cities → 💼 Search JobsFind open positions in Richmond →

Compare Other Cities

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Frequently Asked Questions

Is Fort Worth or Richmond cheaper to live in?+
Fort Worth is the more affordable option overall. The biggest difference is in housing costs, where the gap is about 15.6%. Day-to-day expenses like groceries and transportation are closer between the two cities.
How much is rent in Fort Worth vs Richmond?+
A typical one-bedroom apartment costs around $1,250/month in Fort Worth and $1,300/month in Richmond — a difference of about $50 per month.
Which city has lower taxes, Fort Worth or Richmond?+
Texas has a state income tax of None (0%) and sales tax of 6.25%. Virginia has a state income tax of 5.75% (top) and sales tax of 5.30%. Consider all tax types together when evaluating total tax burden, as states with no income tax often compensate with higher sales or property taxes.
Can I afford to move from Fort Worth to Richmond?+
Median household income in Fort Worth is $68,000 compared to $62,000 in Richmond. Use the salary calculator above to see what you'd need to earn to maintain your current standard of living.
What about buying a home in Fort Worth vs Richmond?+
The median home price in Fort Worth is $300,000 versus $320,000 in Richmond — a difference of $20,000. Property tax rates also differ: Texas averages 1.60% while Virginia averages 0.74%.