Key factors that impact the cost of your Fargo to Richmond move
What to know before moving from Fargo to Richmond
Moving from Fargo to Richmond comes with exciting new opportunities โ but also higher living costs. Since Richmond is generally more expensive than Fargo, itโs important to plan ahead and budget carefully for the change.
Check out how the two cities compare so you know what to expect before you relocate:
Fargo | Richmond | |
---|---|---|
Average rent cost | $1,055 | $1,595 |
Average home value | $287,548 | $350,897 |
Average income (per capita) | $59,493 | $59,606 |
Cost of living (single person) | $1,566 | $2,270 |
Cost of living (family of 4) | $3,299 | $5,336 |
Unemployment rate | 3.6% | 7.1% |
Sales tax | 7.5% | 6.0% |
State income tax | 2.9% | 5.75% |
- Rent prices in Richmond are 51% higher than in Fargo, which means youโll have less money in your pocket each month.
-
In terms of homeownership, youโll be able to get more for your money in Fargo.
Home prices in Richmond are 22.0% higher than in Fargo. - Income is the same in Richmond and Fargo. The top employers in Richmond include Brink's, CarMax, and MeadWestvaco.
- Be sure to budget for higher bills in Richmond, since the cost of living for a single person in Richmond is 45.0% higher than in Fargo. This includes routine expenses like utilities, groceries, clothing, and transportation.
- If youโre moving your family to Richmond, keep in mind that your living expenses could increase. The cost of living for a family in Richmond is 61.7% higher than in Fargo.
- The unemployment rate in Richmond is 97.22% higher than in Fargo.
- Youโll spend less on retail and restaurants in Richmond, since the cityโs sales taxes in Richmond are 20.00% lower than in Fargo.
- State income taxes in Richmond are 98.28% higher than in Fargo.
To put this in perspective, you would need around $4,348.66 in Richmond to maintain the same standard of life that you can have with $3,000.00 in Fargo.
How life is different in Fargo vs. Richmond
Richmond | Fargo | |
---|---|---|
Population | 226,610 | 125,990 |
AllTransit Transportation Performance Score | 7 | 4 |
Walkability score | 51 | 45 |
Bike friendliness score | 51 | 49 |
Crime Index | 48.45 | 8.0 |
Safety Index | 51.55 | 56.17 |
Air Quality | Good | Good |
- The population of Richmond is about 80% greater than Fargo, so you may find more to see and do in your new surroundings. Of course, with more people can also come increased competition for jobs and housing.
- Richmond offers better access to buses and trains than Fargo, based on public transportation ratings. Richmond has a transit score of 7 out of 10 compared to 4 in Fargo. The higher the score, the more public transportation pickup and dropoff locations a city provides.
- Living in Richmond means youโll likely be within closer walking distance to restaurants, shops, parks, and entertainment than you are in Fargo. Richmond is considered more walkable than Fargo, with a score of 51 out of 100 versus 45 out of 100 in Fargo. A cityโs walkability score indicates how pedestrian-friendly it is in terms of proximity of neighborhoods to amenities.
- Richmond and Fargo are similarly bike-friendly based on their comparable ratings of 51 and 49 respectively. Bike-friendliness scores between 50 and 100 indicate varying levels of infrastructure to support cyclists, including bike lanes and roadway connectivity. Cities with scores under 50 are considered more car-dependent.
- The crime rate in Richmond is higher than in Fargo, so you may want to exercise a little extra caution as you're acclimating to your new location. While the crime index is 48.45 in Richmond, it is 8.0 in Fargo. With this index, the lower the score, the better, since it indicates a cityโs crime levels.
- You may want to exercise more caution as youโre getting used to your new surroundings in Richmond. With a crime index of 51.55, Richmond ranks lower in overall safety than Fargo, whose index is Fargo's 56.17. The safety index measures how safe people in a city feel about walking alone, both during the day and at night, as well as data on muggings, theft, vandalism, and other instances of petty crime.
- The air quality in Richmond and Fargo is generally the same (Good). Cities with good to moderate ratings have clean or acceptable air quality, with the possibility of small pollutants affecting people with certain health conditions like asthma. Anything beyond the moderate rate means increased impact on residents.
Other things to consider for your Fargo vs. Richmond move
- Weather: Richmond has a humid subtropical climate, with very hot, humid summers and moderately cold winters. Precipitation is rather uniformly distributed throughout the year. Dry periods lasting several weeks sometimes occur, especially in autumn, when long periods of pleasant, mild weather are most common.
- HOA rules: To keep things running smoothly, make sure you're familiar with any HOA or community moving policies before the big day.
- Elevator reservation: Make sure to arrange elevator access in advance if your building requires reservations for moving.
- Truck parking permits: Make sure to look into local parking regulationsโsome areas require permits for large moving trucks.
- State licensing: In addition to filing tariffs and complying with insurance, bond, and highway safety requirements, all intrastate moving companies in Virginia must have a certificate from the Virginia Department of Motor Vehicles (VaDMV). Ensure the company you choose is licensed to handle your move.
- State regulator: You can verify a Virginia moving company\โs license by visiting the state'spublic utilities commission
- Moving permits: You wonโt need a moving permit in Virginia, though it\โs smart to double-check any local parking restrictions ahead of your move.
- Change of address: To avoid missing any mail, we recommend submitting your USPS change of address form at least a week before your move. You can choose your official move date to make sure everything gets forwarded properly toRichmond Start the process here.
- Moving company insurance: The amount and type of insurance movers must have depends on state regulations.In Virginia, movers commonly offer Released Value Protection at no additional cost, providing coverage at 60 cents per pound. For increased protection, consider discussing Full Value Protection options with the moving company. Alternatively, explore third-party insurance providers for personalized plans. It's essential to understand coverage limits, potential additional costs, and read reviews to make an informed decision about your moving insurance in Virginia.
- Moving checklist: Let our moving checklist guide you through the process and help ensure nothing slips through the cracks.
Where to live in Richmond
Now that youโve chosen "Capital of the South" as your next home, here are a few of the best neighborhoods in Richmond to check out.
Best neighborhoods for singles
- Monroe Ward
- The Fan District
- The Museum District
- Woodland Heights
Best neighborhoods for families
- Bellevue
- Byrd Park
- Museum District
- Three Chopt
- Westover Hills
Things to do in Richmond
After settling into your new Virginia home, youโll want to branch out and explore your new city. Luckily, Richmond has lots to offer, no matter what youโre interested in:
- Arts and culture: Richmond is home to museums and cultural arts centers like the Virginia Museum of Fine Arts, White House of the Confederacy, Science Museum of Virginia, Edgar Allan Poe Museum, and Virginia Museum of History & Culture.
- Outdoor recreation: The cityโs Belle Isle, Libby Hill Park, Pony Pasture Park (James River Park System), and Capitol Square Park โ among other sites โ are great places to hike, ride bikes, or just enjoy nature.
- Sports: Catch a live game and cheer on the home team at an Richmond Kickers (USL League One) and Richmond Flying Squirrels (Double-A East) game.
FAQ
When is the best time to move from Fargo to Richmond?
The most budget-friendly and comfortable times to move from Fargo to Richmond are in the spring or fall, when the weather is mild and moving rates in Fargo are lower.
When is the cheapest time to move from Fargo to Richmond?
With many people choosing to move from Fargo to Richmond in spring or fall, winter moves often come with better rates. Take a look at our moving discounts guide to find out how to save.
How long does a move from Fargo to Richmond take?
Moving from Fargo, ND to Richmond, VA covers 1,440 miles and usually takes three to eight days. Need to move faster? Some Fargo movers offer expedited options. If youโre not ready to receive your items, look into storage solutions in Richmond.