Median rent is 22% lower in Richmond ($1,372/mo vs $1,763/mo). Buying is cheaper in Richmond, where the median home runs $353,000 versus $418,600. Households earn more in Round Rock ($99,287 vs $64,587 a year). Taken together, Round Rock is the more affordable choice with a cost index of 98.3 against 98.3 — about 0% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Round Rock, TX.
City A
Richmond, VA
City B
Round Rock, TX
How much would you need to earn in Round Rock, TX to maintain your standard of living from Richmond, VA?
Equivalent salary in Round Rock, TX
$74,953
You could earn $47 less (0% lower) and break even.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Richmond
Virginia
Round Rock
Texas
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Richmond — median rent of $1,372/mo versus $1,763/mo in Round Rock, a 22% difference. Median home values are within 16% of each other: $353,000 in Richmond and $418,600 in Round Rock.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
State tax data is not yet available for these cities.
Richmond
Income tax: N/A
Sales tax: N/A
Round Rock
Income tax: N/A
Sales tax: N/A
Air quality data is available for Richmond (avg AQI 28.0) but not yet for Round Rock.
Pick Round Rock if you prioritize higher median household income ($99,287/yr).
Pick Richmond if you prioritize cheaper rent ($1,372/mo median).
Is Richmond cheaper than Round Rock?
Round Rock is cheaper overall, with a cost of living index of 98.3 versus 98.3 (US average = 100). That means prices run about 0% lower in Round Rock.
How much is rent in Richmond vs Round Rock?
Median rent is $1,372/mo in Richmond, VA and $1,763/mo in Round Rock, TX. Richmond, VA has the lower rent by about 22%.
Which has higher salaries — Richmond or Round Rock?
Median household income is $64,587 in Richmond, VA and $99,287 in Round Rock, TX. Round Rock, TX has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Richmond or Round Rock?
State tax data is not yet available for one or both cities.
What salary do I need in Round Rock to match my Richmond income?
To maintain the same purchasing power, a salary of $100,000 in Richmond, VA is equivalent to roughly $99,938 in Round Rock, TX (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
