STORMPUNCH t1_ixjoluz wrote on November 23, 2022 at 11:06 PM

Reply to comment by AuspiciousToad in Living in RVA without a car by [deleted]

Yeah but those places have higher median wages to match, usually. As it stands the cost of housing here, while cheap compared to a lot of places, still well out-strips a lot of native Richmonders' earnings. This is only being exacerbated by remote workers from out of state and NoVa coming in with their "modest" budgets of $500k+.

AuspiciousToad t1_ixjsncg wrote on November 23, 2022 at 11:37 PM

The median income of the city is $25k and the average home price is $330k. You’re right — but the problem is not the cost of living, it’s the shockingly low median income for a city in such a great location with so much to offer its inhabitants. I’m not saying that it shouldn’t be frustrating for native Richmonders — I understand how it would be. I’m just saying it’s not objectively expensive in an era where there are a lot of high-earning remotely working individuals who routinely relocate to lower cost of living areas.