What is a Good Salary in Richmond, British Columbia?

What is a Good Salary in Richmond, British Columbia?

Enter a salary amount and compare it with the average cost of living.
The average yearly salary in Richmond is $46,640 and the average household income in Richmond is $100,500.

Richmond, British Columbia
Updated: April 1, 2024

Average Cost of Living per Month in Richmond

The average cost of living in Richmond is $3,854/month for a single person who rents.This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.
Average cost of living
$3,854/month

Monthly net income of $0/year
$0/month
Average total income in 2020
$46,640

Average total household income in 2020
$100,500

Average Salary in Richmond

The average salary in Richmond is $46,640, which is 14.3% lower than the Canadian average salary of $54,450. A person making $0 a year in Richmond makes 100% less than the average working person in Richmond and will take home about $0.
Net Annual Pay:
$0
Income tax breakdown
Hourly Salary:
$0.00
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Richmond. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $0.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Richmond is $1,838.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Richmond is $650.
Groceries

Groceries

The average person spends $503 on groceries per month in Richmond.
Utilities

Utilities

The average monthly cost of utilities in Richmond is $166.
Leisure & Entertainment

Leisure & Entertainment

The average person in Richmond spends $174 on leisure & entertainment per month.
Clothing

Clothing

The average person in Richmond spends $41 on clothing per month.
Restaurants

Restaurants

The average person in Richmond spends $332 on restaurants per month.
Other

Other

The average person in Richmond spends $150 on miscellaneous goods and services per month.
General Disclaimer: This tool is designed for approximation purposes only and should not be used to replace a legal or accounting authority. To simplify the process, some variables are assumed to calculate the numbers included on this page. The results of this calculator should not be relied upon to determine career or tax decisions.

Your Results

Disclaimer: These numbers estimate what it costs to live in Richmond based on Numbeo data. People can live in the city for much less, while others may need much more to fund their lifestyle.
Your cost of living
$3,854/month

Monthly net income of $0/year
$0/month