Riverbank, CA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 107, with 100 being the average.

  • The cost of living index in Riverbank is 1.1x higher than the national average.

  • Riverbank ranks as the #87 cheapest in California out of 635.

  • Riverbank ranks as the #3,867 cheapest out of 6,412 in the US.

  • The median home value in Riverbank is $343,300.

  • The median income in Riverbank is $75,216.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
107
Riverbank's Overall Cost Of Living
1.1x
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 107, which is 1.1x higher than the national index of 100.

Compared to California, Riverbank has a cost of living index that's 0.8x lower than California's index of 139.

The standard of living in Riverbank ranks as #87 most affordable out of the 635 places we measured in California. By definition, that implies Riverbank ranks as the #548 most expensive place in the Golden State.

For more reading on life in Riverbank, check out:

87 out of 635
In California
3,867 out of 6,412
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 90.

  • The Groceries index in Riverbank is 106.

  • The Health index in Riverbank is 112.

  • The Housing index in Riverbank is 117.

  • The Transportation index in Riverbank is 109.

  • The Utilities index in Riverbank is 130.

Living Expense Riverbank California National Average
Overall 107 139 100
Services 90 110 100
Groceries 106 112 100
Health 112 109 100
Housing 117 204 100
Transportation 109 126 100
Utilities 130 124 100
For more reading on cost of living around California, check out:
Riverbank Cost of Living Vs. CA

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 2017-2021. The key points are:

  • The Median Home Value in Riverbank is $343,300.

  • The Median Rent in Riverbank is $1,286.

  • The Median Income in Riverbank is $75,216.

  • The Home Value To Income in Riverbank is 4.6x.

  • The Rent To Monthly Income in Riverbank is 0.21x.

Statistic Riverbank California United States
Median Home Value $343,300 $573,200 $244,900
Median Rent $1,286 $1,698 $1,163
Median Income $75,216 $84,097 $69,021
Home Value To Income 4.6x 6.8x 3.5x
Rent To Monthly Income 0.21x 0.24x 0.2x
Search Homes For Sale In Riverbank, CA
$343,300
Median Home Value
$1,286
Median Rent
$75,216
Median Income

Riverbank, CA Costs By Category

Detailed Riverbank Services Costs Vs. California

Item Riverbank California
Shampoo $1.06 $1.06
Movie $15.05 $10.68
Bowling $18.25 $14.67
Haircut $27.5 $18.62
Beauty Salon $50.52 $39.05

Detailed Riverbank Groceries Costs Vs. California

Item Riverbank California
Ground Beef $4.36 $4.22
Fried Chicken $2.03 $1.39
Milk $2.27 $2.05
Potatoes $3.2 $3.29
Pizza $10.74 $10.62
Beer $8.99 $9.38
Toothpaste $2.52 $2.34

Detailed Riverbank Health Costs Vs. California

Item Riverbank California
Optometrist $127.0 $108.57
Doctor $148.0 $116.17
Dentist $99.6 $99.13

Detailed Riverbank Transportation Costs Vs. California

Item Riverbank California
Gasoline $3.24 $2.22
Tire Balancing $45.0 $50.07

Detailed Riverbank Utilities Costs Vs. California

Item Riverbank California
All Electricity $260.15 $167.67
Phone $173.87 $175.64

Riverbank SnackAbility

8
/10
Overall SnackAbility
Jobs
7/10
Housing
8.5
Affordability
5
Diversity
9
Safety
8
Amenities
9.5
Education
4
Commute
5

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 104, 1.0x Riverbank.

  • Turlock, CA has a cost of living index of 110, 1.0x Riverbank.

  • Ceres, CA has a cost of living index of 101, 0.9x Riverbank.

City Population Cost Of Living Vs. Riverbank
Modesto, CA 217,728 104 1.0x
Turlock, CA 72,494 110 1.0x
Ceres, CA 49,132 101 0.9x
Oakdale, CA 23,016 108 1.0x
Ripon, CA 15,961 125 1.2x
Salida, CA 14,690 106 1.0x
Waterford, CA 9,100 100 0.9x
Escalon, CA 7,458 110 1.0x
Hughson, CA 7,425 112 1.0x
Keyes, CA 5,483 92 0.9x

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