Richmond vs Suffolk

The short version

  • Overall prices are about the same in both metro areas (BEA 2024).
  • The median home costs $347,400 in Suffolk and $353,000 in Richmond.
  • Households earn more in Suffolk ($92,666 vs $64,587 median).
  • Suffolk is growing faster: +10.9% since 2020 vs +4.7%.
  • Commutes are shorter in Richmond (22 vs 30 minutes each way).

Side by side

Richmond, VASuffolk, VA
People
Population (2025)237,257104,699
Growth since 2020+4.7%+10.9%
People per square mile3,959262
Median age34.738.7
Bachelor's degree or higher46%33%
Money and housing
Median household income$64,587$92,666
Median home value$353,000$347,400
Home value to income5.5×3.7×
Median rent (with utilities)$1,372$1,563
Metro price level (US = 100)97.997.9
Housing price level (US = 100)99.199.8
$75,000 elsewhere equals$73,400$73,500
Homeowners44%71%
Top state income tax5.75%5.75%
Combined sales tax5.77%5.77%
Work and commute
Average commute (minutes)21.730.2
Work from home20%11%
Take public transit3%0%
Unemployment (2020-24 avg)5.7%5%
Poverty rate18.2%9.4%
Weather
January high / low48° / 29°50° / 34°
July high / low90° / 69°89° / 73°
Precipitation per year46 in46 in
Snowfall per year9 in3 in
Days 90°F or hotter4542
Nights below freezing7432
Comfortable months33
Risks, air and home prices
Natural hazard risk (FEMA, county)Relatively LowRelatively Low
FEMA risk score (lower is safer)78.460.1
Good air days, 202573%78%
Home prices, past year+3.4%+3.6%
Home prices, past 5 years+47.7%+43.4%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

20°30°40°50°60°70°80°90°JanFebMarAprMayJunJulAugSepOctNovDec
Richmond Suffolk. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Richmond: April to May and October. Suffolk: April to May and October.

Full monthly tables: Richmond weather by month and Suffolk weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $73,400 in Richmond and $73,500 in Suffolk. Moving from Richmond to Suffolk, you would need about $75,100 to match a $75,000 salary.

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Moving between Richmond and Suffolk

34people moved from Richmond city, VA to Suffolk city, VA in a year
35moved the other way

IRS county-to-county migration, 2022 to 2023 tax years, for the counties that contain each city. See where else people move from Richmond and Suffolk.

Which would you pick?

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