Riverdale, IL Cost Of Living
Cost Of Living In Riverdale, IL Summary
Cost of living in Riverdale 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 Riverdale is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, 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 Riverdale is 94, with 100 being the average.
The cost of living index in Riverdale is 0.9x lower than the national average.
Riverdale ranks as the #107 cheapest in Illinois out of 336.
Riverdale ranks as the #1,806 cheapest out of 6,489 in the US.
The median home value in Riverdale is $114,318.
The median income in Riverdale is $45,709.
Table Of Contents
Riverdale's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Riverdale, IL?
According to the most recent data on the cost of living, Riverdale has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Illinois, Riverdale has a cost of living index that's 1.0x lower than Illinois's index of 97.
The standard of living in Riverdale ranks as #107 most affordable out of the 336 places we measured in Illinois. By definition, that implies Riverdale ranks as the #229 most expensive place in the Prairie State.
For more reading on life in Riverdale, check out:
In Illinois
In America
Riverdale Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Riverdale. Here is how it fairs on each of the criteria:
The Services index in Riverdale is 108.
The Groceries index in Riverdale is 105.
The Health index in Riverdale is 107.
The Housing index in Riverdale is 62.
The Transportation index in Riverdale is 105.
The Utilities index in Riverdale is 89.
| Living Expense | Riverdale | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 94 | 97 | 100 | |
| Services | 108 | 95 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 107 | 93 | 100 | |
| Housing | 62 | 95 | 100 | |
| Transportation | 105 | 102 | 100 | |
| Utilities | 89 | 91 | 100 | |
Riverdale, IL Housing Cost Breakdown
Housing swings affordability the most between places in Illinois, 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 Riverdale is $114,318.
The Median Rent in Riverdale is $1,204.
The Median Income in Riverdale is $45,709.
The Home Value To Income in Riverdale is 2.5x.
The Rent To Monthly Income in Riverdale is 0.32x.
Median Home Value
Median Rent
Median Income
Riverdale, IL Costs By Category
Detailed Riverdale Services Costs Vs. Illinois
Detailed Riverdale Groceries Costs Vs. Illinois
Detailed Riverdale Health Costs Vs. Illinois
Detailed Riverdale Transportation Costs Vs. Illinois
Detailed Riverdale Utilities Costs Vs. Illinois
Riverdale SnackAbility
/10
Cost Of Living In Cities Around Riverdale
The cost of living varies in the cities and towns around Riverdale. Here's a quick look at the cost of living in the most populous nearby places:
Tinley Park, IL has a cost of living index of 109, 1.2x Riverdale.
Blue Island, IL has a cost of living index of 95, 1.0x Riverdale.
Darien, IL has a cost of living index of 121, 1.3x Riverdale.
| City | Population | Cost Of Living | Vs. Riverdale |
|---|---|---|---|
| Tinley Park, IL | 55,007 | 109 | 1.2x |
| Blue Island, IL | 23,416 | 95 | 1.0x |
| Darien, IL | 21,855 | 121 | 1.3x |
| South Holland, IL | 21,016 | 106 | 1.1x |
| Dolton, IL | 20,979 | 97 | 1.0x |
| Harvey, IL | 19,831 | 89 | 0.9x |
| Hinsdale, IL | 17,155 | 191 | 2.0x |
| La Grange, IL | 15,999 | 144 | 1.5x |
| Western Springs, IL | 13,353 | 160 | 1.7x |
| Palos Heights, IL | 11,817 | 119 | 1.3x |
