Riverbank, CA Cost Of Living
Cost Of Living In Riverbank, CA Summary
Cost of living in Riverbank research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Riverbank is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Riverbank is 128, with 100 being the average.
The cost of living index in Riverbank is 1.3x higher than the national average.
Riverbank ranks as the #170 cheapest in California out of 634.
Riverbank ranks as the #4,889 cheapest out of 6,489 in the US.
The median home value in Riverbank is $482,899.
The median income in Riverbank is $90,216.
Table Of Contents
Riverbank's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Riverbank, CA?
According to the most recent data on the cost of living, Riverbank has an overall cost of living index of 128, which is 1.3x higher than the national index of 100.
Compared to California, Riverbank has a cost of living index that's 0.9x lower than California's index of 141.
The standard of living in Riverbank ranks as #170 most affordable out of the 634 places we measured in California. By definition, that implies Riverbank ranks as the #464 most expensive place in the Golden State.
For more reading on life in Riverbank, check out:
In California
In America
Riverbank Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Riverbank. Here is how it fairs on each of the criteria:
The Services index in Riverbank is 106.
The Groceries index in Riverbank is 105.
The Health index in Riverbank is 96.
The Housing index in Riverbank is 158.
The Transportation index in Riverbank is 119.
The Utilities index in Riverbank is 141.
| Living Expense | Riverbank | California | National Average | |
|---|---|---|---|---|
| Overall | 128 | 141 | 100 | |
| Services | 106 | 110 | 100 | |
| Groceries | 105 | 112 | 100 | |
| Health | 96 | 110 | 100 | |
| Housing | 158 | 195 | 100 | |
| Transportation | 119 | 125 | 100 | |
| Utilities | 141 | 128 | 100 | |
Riverbank, CA Housing Cost Breakdown
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Riverbank is $482,899.
The Median Rent in Riverbank is $1,527.
The Median Income in Riverbank is $90,216.
The Home Value To Income in Riverbank is 5.4x.
The Rent To Monthly Income in Riverbank is 0.2x.
| Statistic | Riverbank | California | United States |
|---|---|---|---|
| Median Home Value | $482,899 | $763,287 | $303,400 |
| Median Rent | $1,527 | $1,956 | $1,348 |
| Median Income | $90,216 | $96,334 | $78,538 |
| Home Value To Income | 5.4x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Riverbank, CA Costs By Category
Detailed Riverbank Services Costs Vs. California
| Item | Riverbank | California |
|---|---|---|
| Shampoo | $1.56 | $1.28 |
| Movie | $14.64 | $12.13 |
| Bowling | $23.78 | $18 |
| Haircut | $26.83 | $24.26 |
| Beauty Salon | $76.57 | $45.56 |
Detailed Riverbank Groceries Costs Vs. California
| Item | Riverbank | California |
|---|---|---|
| Ground Beef | $6.21 | $5.84 |
| Fried Chicken | $2.1 | $1.57 |
| Milk | $4.99 | $4.67 |
| Potatoes | $4.98 | $4.93 |
| Pizza | $15.69 | $12.09 |
| Beer | $10.96 | $10.41 |
| Toothpaste | $3.86 | $3.7 |
Detailed Riverbank Health Costs Vs. California
| Item | Riverbank | California |
|---|---|---|
| Optometrist | $157.88 | $125.68 |
| Doctor | $166.71 | $135.78 |
| Dentist | $148.27 | $113.29 |
Detailed Riverbank Transportation Costs Vs. California
| Item | Riverbank | California |
|---|---|---|
| Gasoline | $4.63 | $3.46 |
| Tire Balancing | $70.51 | $59.92 |
Detailed Riverbank Utilities Costs Vs. California
| Item | Riverbank | California |
|---|---|---|
| All Electricity | $299.78 | $193.99 |
| Phone | $191.56 | $192.25 |
Riverbank SnackAbility
/10
Cost Of Living In Cities Around Riverbank
The cost of living varies in the cities and towns around Riverbank. Here's a quick look at the cost of living in the most populous nearby places:
Modesto, CA has a cost of living index of 125, 1.0x Riverbank.
Turlock, CA has a cost of living index of 127, 1.0x Riverbank.
Ceres, CA has a cost of living index of 124, 1.0x Riverbank.
| City | Population | Cost Of Living | Vs. Riverbank |
|---|---|---|---|
| Modesto, CA | 218,614 | 125 | 1.0x |
| Turlock, CA | 72,400 | 127 | 1.0x |
| Ceres, CA | 48,918 | 124 | 1.0x |
| Oakdale, CA | 23,155 | 127 | 1.0x |
| Ripon, CA | 16,117 | 147 | 1.1x |
| Salida, CA | 14,457 | 130 | 1.0x |
| Waterford, CA | 9,177 | 117 | 0.9x |
| Hughson, CA | 7,541 | 131 | 1.0x |
| Escalon, CA | 7,429 | 141 | 1.1x |
| Keyes, CA | 5,330 | 118 | 0.9x |
