Riverside, CA Cost Of Living
Cost Of Living In Riverside, CA Summary
Cost of living in Riverside 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 Riverside 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 Riverside is 137, with 100 being the average.
The cost of living index in Riverside is 1.4x higher than the national average.
Riverside ranks as the #229 cheapest in California out of 634.
Riverside ranks as the #5,293 cheapest out of 6,489 in the US.
The median home value in Riverside is $639,778.
The median income in Riverside is $88,575.
Table Of Contents
Riverside's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Riverside, CA?
According to the most recent data on the cost of living, Riverside has an overall cost of living index of 137, which is 1.4x higher than the national index of 100.
Compared to California, Riverside has a cost of living index that's 1.0x lower than California's index of 141.
The standard of living in Riverside ranks as #229 most affordable out of the 634 places we measured in California. By definition, that implies Riverside ranks as the #405 most expensive place in the Golden State.
For more reading on life in Riverside, check out:
In California
In America
Riverside Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Riverside. Here is how it fairs on each of the criteria:
The Services index in Riverside is 111.
The Groceries index in Riverside is 113.
The Health index in Riverside is 101.
The Housing index in Riverside is 195.
The Transportation index in Riverside is 122.
The Utilities index in Riverside is 95.
| Living Expense | Riverside | California | National Average | |
|---|---|---|---|---|
| Overall | 137 | 141 | 100 | |
| Services | 111 | 110 | 100 | |
| Groceries | 113 | 112 | 100 | |
| Health | 101 | 110 | 100 | |
| Housing | 195 | 195 | 100 | |
| Transportation | 122 | 125 | 100 | |
| Utilities | 95 | 128 | 100 | |
Riverside, 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 Riverside is $639,778.
The Median Rent in Riverside is $1,812.
The Median Income in Riverside is $88,575.
The Home Value To Income in Riverside is 7.2x.
The Rent To Monthly Income in Riverside is 0.25x.
| Statistic | Riverside | California | United States |
|---|---|---|---|
| Median Home Value | $639,778 | $763,287 | $303,400 |
| Median Rent | $1,812 | $1,956 | $1,348 |
| Median Income | $88,575 | $96,334 | $78,538 |
| Home Value To Income | 7.2x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.25x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Riverside, CA Costs By Category
Detailed Riverside Services Costs Vs. California
| Item | Riverside | California |
|---|---|---|
| Shampoo | $1.34 | $1.28 |
| Movie | $11.04 | $12.13 |
| Bowling | $21.11 | $18 |
| Haircut | $27.27 | $24.26 |
| Beauty Salon | $41.78 | $45.56 |
Detailed Riverside Groceries Costs Vs. California
| Item | Riverside | California |
|---|---|---|
| Ground Beef | $5.89 | $5.84 |
| Fried Chicken | $3.49 | $1.57 |
| Milk | $4.92 | $4.67 |
| Potatoes | $4.92 | $4.93 |
| Pizza | $15.31 | $12.09 |
| Beer | $10.26 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
Detailed Riverside Health Costs Vs. California
| Item | Riverside | California |
|---|---|---|
| Optometrist | $112.92 | $125.68 |
| Doctor | $95.5 | $135.78 |
| Dentist | $117.28 | $113.29 |
Detailed Riverside Transportation Costs Vs. California
| Item | Riverside | California |
|---|---|---|
| Gasoline | $4.75 | $3.46 |
| Tire Balancing | $61.38 | $59.92 |
Detailed Riverside Utilities Costs Vs. California
| Item | Riverside | California |
|---|---|---|
| All Electricity | $378.97 | $193.99 |
| Phone | $180.31 | $192.25 |
Riverside SnackAbility
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Cost Of Living In Cities Around Riverside
The cost of living varies in the cities and towns around Riverside. Here's a quick look at the cost of living in the most populous nearby places:
Rancho Cucamonga, CA has a cost of living index of 154, 1.1x Riverside.
Corona, CA has a cost of living index of 150, 1.1x Riverside.
Jurupa Valley, CA has a cost of living index of 133, 1.0x Riverside.
| City | Population | Cost Of Living | Vs. Riverside |
|---|---|---|---|
| Rancho Cucamonga, CA | 174,693 | 154 | 1.1x |
| Corona, CA | 158,839 | 150 | 1.1x |
| Jurupa Valley, CA | 106,244 | 133 | 1.0x |
| Upland, CA | 78,940 | 157 | 1.1x |
| Chino Hills, CA | 78,024 | 172 | 1.3x |
| Eastvale, CA | 70,179 | 168 | 1.2x |
| Colton, CA | 53,798 | 123 | 0.9x |
| El Cerrito, CA | 25,781 | 199 | 1.5x |
| Loma Linda, CA | 25,021 | 136 | 1.0x |
| Bloomington, CA | 24,324 | 126 | 0.9x |
