Elizabethtown → Richmond
Relocation analysis based on 7 federal data sources
Pros of Moving
- + $11K higher median salary
- + Better student-teacher ratios
Cons of Moving
- - 7% higher cost of living
- - $599/mo more expensive rent (2BR)
- - More expensive childcare
Moving from Elizabethtown to Richmond shifts your BEA Regional Price Parity from 90.6 to 97.9 (100 = US average), so a Elizabethtown salary needs to be multiplied by 1.08 to hold the same purchasing power in Richmond. On rent, HUD Fair Market Rent for a 2-bedroom goes from $1,056/month in Elizabethtown to $1,655/month in Richmond - a higher monthly bill of $599, or $7,188/year. That rent delta alone is often the single biggest line item when relocating.
Wages tell the other half. BLS Occupational Employment and Wage Statistics report a median salary of $60,619 in Elizabethtown versus $71,318 in Richmond - a raw gap of $10,699 higher. The Richmond labor market has 637,140 tracked jobs against 46,020 in Elizabethtown, shaping how easy it is to find a comparable role. Combine that with the cost-of-living shift above and you get the real purchasing-power delta, sometimes a "higher salary" is actually a pay cut once rent and RPP are applied.
Safety, schools, and childcare round out the move. FBI UCR violent crime rates near Elizabethtown and Richmond are 225 and 223 per 100,000 (state-level). NCES student-teacher ratios run 15.2:1 at origin versus 13.9:1 at destination. DOL center-based infant care costs $7,238/year in Elizabethtown versus $10,407/year in Richmond. Our composite verdict - Less Favorable - weighs all seven federal sources; the dimension table below lets you override that with your personal priorities.
Salary Adjustment Calculator
Enter your current salary in Elizabethtown to see what you'd need to earn in Richmond to maintain the same purchasing power.
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Frequently Asked Questions
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Source: BEA Regional Price Parities, HUD Fair Market Rents, BLS OES, FBI UCR, NCES, DOL, EPA June 2026
Data Sources
- Cost of Living: Bureau of Economic Analysis (BEA) Regional Price Parities
- Rent: HUD Fair Market Rents (FMR)
- Wages: Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OES)
- Crime: FBI Uniform Crime Reporting (UCR) - state level
- Schools: National Center for Education Statistics (NCES)
- Childcare: Department of Labor (DOL) - state level
- Environment: Environmental Protection Agency (EPA)
Read our methodology - how this data is sourced, computed, and verified.