Richmond, Virginia
In Richmond, Virginia, a gallon of regular gas costs $3.97 as of 2026-04-01 — $0.09 below the national average of $4.06. The average monthly rent for all unit types is $1,658, compared to the national average of $1,900. Grocery inflation is running at 5.27% year-over-year. Since 2022, bread prices have increased significantly while egg prices have been volatile due to avian flu outbreaks. Richmond's cost-of-living index of 102 puts it above the national average of 100.
Key Numbers
Gas (Regular)
$3.97
National: $4.06
Avg Rent (All)
$1,658
National: $1,900
Grocery Inflation
5.27%
Year-over-year
Fast Food Avg
$12.60
Combo meal
Electricity
15.87¢
per kWh · ~$143/mo
Car Insurance
$157/mo
$1,880/yr
Median Household Income
$62,671
42.3% goes to essentials
Car Insurance
Avg $1,880 in Richmond. Compare rates:
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Some prices above are regional estimates. Submit a receipt from a local store to help us show what Richmond residents actually pay.
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Find Apartments
Avg rent $1,658/mo in Richmond. Browse listings:
Grocery Prices
Grocery Prices — 2000 to Present
National BLS averages · submit local prices below ↓
Eggs (dozen)
Bird flu volatility
$2.58 BLS avg
Milk (gallon)
$4.10 BLS avg
Ground Beef (lb)
$6.75 BLS avg
Bread (loaf)
$1.84 BLS avg
Chicken Breast (lb)
$2.04 BLS avg
Butter (lb)
$5.17 BLS avg
Bacon (lb)
$7.86 BLS avg
Cheddar Cheese (lb)
$6.81 BLS avg
Pasta (lb)
$2.00 BLS avg
Rice (5 lb)
$5.37 BLS avg
Coffee (12 oz)
$12.61 BLS avg
Orange Juice (64 oz)
Citrus shortage
$5.59 BLS avg
Potatoes (5 lb)
$4.91 BLS avg
Apples (3 lb)
$5.31 BLS avg
Tomatoes (lb)
$2.79 BLS avg
Lettuce (head)
$2.31 BLS avg
Cooking Oil (48 oz)
$7.85 BLS avg
Yogurt (32 oz)
$5.05 BLS avg
Cereal (family size)
$6.58 BLS avg
Frozen Pizza
$8.32 BLS avg
| Item | 2000 | 2005 | 2010 | 2015 | 2020 | 2022 | 2026 | Since 2000 |
|---|---|---|---|---|---|---|---|---|
| Eggs (dozen)Bird flu volatility | — | — | — | — | — | $1.93 | $2.58 | +156.4% |
| Milk (gallon) | — | — | — | — | — | $3.79 | $4.10 | +44.6% |
| Ground Beef (lb) | — | — | — | — | — | $4.55 | $6.75 | +354.4% |
| Bread (loaf) | — | — | — | — | — | $1.55 | $1.84 | +104.0% |
| Chicken Breast (lb) | — | — | — | — | — | $1.62 | $2.04 | +93.5% |
| Butter (lb) | — | — | — | — | — | $4.11 | $5.17 | +25.8% |
| Bacon (lb) | — | — | — | — | — | $6.68 | $7.86 | +17.7% |
| Cheddar Cheese (lb) | — | — | — | — | — | $5.79 | $6.81 | +17.6% |
| Pasta (lb) | — | — | — | — | — | $1.56 | $2.00 | +28.2% |
| Rice (5 lb) | — | — | — | — | — | $4.23 | $5.37 | +27.0% |
| Coffee (12 oz) | — | — | — | — | — | $8.65 | $12.61 | +45.8% |
| Orange Juice (64 oz)Citrus shortage | — | — | — | — | — | $3.83 | $5.59 | +46.0% |
| Potatoes (5 lb) | — | — | — | — | — | $4.07 | $4.91 | +20.6% |
| Apples (3 lb) | — | — | — | — | — | $4.45 | $5.31 | +19.3% |
| Tomatoes (lb) | — | — | — | — | — | $2.15 | $2.79 | +29.8% |
| Lettuce (head) | — | — | — | — | — | $1.87 | $2.31 | +23.5% |
| Cooking Oil (48 oz) | — | — | — | — | — | $5.71 | $7.85 | +37.5% |
| Yogurt (32 oz) | — | — | — | — | — | $4.15 | $5.05 | +21.7% |
| Cereal (family size) | — | — | — | — | — | $4.94 | $6.58 | +33.2% |
| Frozen Pizza | — | — | — | — | — | $6.06 | $8.32 | +37.3% |
Dining & Restaurants
Fast Food Meal
$12.60
Casual Dining
$26.01
Monthly Spend
$443.18
+4.22% YoYChain Restaurant Meal Prices — 2022 vs. Today
Combo meal / typical order for one
McDonald's
2022: $7.81
$12.60
+61.3%Wendy's
2022: $8.82
$13.61
+54.3%Chipotle
2022: $9.45
$14.11
+49.3%Starbucks
2022: $4.64
$6.45
+39.0%Eating out more? Save on groceries with Ibotta and cook at home more often.
Looking for an Apartment in Richmond?
Average 1BR: $1,360/mo · 2BR: $1,956/mo
Local Workforce
2024 · BLS QCEWTotal Jobs
166k
Median Weekly Pay
$1,604
$83k/yr
Top Sector
Professional & Business Services
Household vs Worker Pay
$63k
household median
Employment by Sector — Richmond
% of local workforce · avg weekly wage · 5-year growth trend
~$111k/yr
~$73k/yr
~$59k/yr
~$31k/yr
~$136k/yr
Source: BLS QCEW 2024 Annual · County FIPS 51760
Highest Paying Sector
Financial Activities
$2,617/wk · $136k/yr
Most Workers (lowest wage)
Leisure & Hospitality
$587/wk · $31k/yr
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