Elizabethtown Richmond

Relocation analysis based on 7 federal data sources

Verdict
Less Favorable
Cost Index: 90.6 → 97.9
Rent Delta: +$599/mo

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.

Dimension
Elizabethtown
Richmond
Winner
💰 Cost of Living
RPP 90.6
RPP 97.9
Elizabethtown
🏠 Rent (2BR)
$1,056/mo
$1,655/mo
Elizabethtown
💼 Wages
$60,619
$71,318
Richmond
🔒 Crime
225 per 100K
223 per 100K
Richmond
🎓 Schools
15.2:1
13.9:1
Richmond
👶 Childcare
$7,238/yr
$10,407/yr
Elizabethtown
🌿 Environment
1788 violations
1855 violations
Elizabethtown

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.

Equivalent salary in Richmond
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Frequently Asked Questions

Is Richmond more expensive than Elizabethtown?
Richmond has an RPP of 97.9 compared to Elizabethtown's 90.6 (100 = national average). Richmond is more expensive overall. The 2BR rent in Richmond is $1,655/mo vs $1,056/mo in Elizabethtown.
What are salaries like in Richmond compared to Elizabethtown?
The median salary in Richmond is $71,318 compared to $60,619 in Elizabethtown. That's a +$10,699 difference.
Is Richmond safer than Elizabethtown?
The violent crime rate near Richmond is 223 per 100K vs 225 per 100K near Elizabethtown (state-level data). Richmond has a lower crime rate.
How much would I need to earn in Richmond to match my Elizabethtown salary?
To maintain the same purchasing power, multiply your Elizabethtown salary by 1.08. For example, a $75,000 salary in Elizabethtown would need to be $81,033 in Richmond. Use the salary calculator above for your exact figure.
What does the "Less Favorable" verdict mean?
The verdict is computed from 7 dimensions, cost of living, rent, wages, crime, schools, childcare, and environment, using federal data. "Less Favorable" means the origin edges ahead on balance. Individual priorities may shift the balance, weigh the dimensions that matter most to you.

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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)