Riverside, MD Cost Of Living

The latest cost of living statistics for Riverside. Includes statistics on rent, mortgages, healthcare, and other costs for Riverside compared to the state and national averages.

Cost of living in Riverside, Maryland

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 Maryland, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

109 Cost of living index 1.1x higher vs US
#14 Cheapest in Maryland (of 195)
#3,443 Cheapest in the U.S. (of 6,489)
$251,846 Median home value
$1,898 Median rent
$105,785 Median income
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What is the cost of living in Riverside, MD?

According to the most recent data on the cost of living, Riverside has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.

Compared to Maryland, Riverside has a cost of living index that's 0.9x lower than Maryland's index of 121.

The standard of living in Riverside ranks as #14 most affordable out of the 195 places we measured in Maryland. By definition, that implies Riverside ranks as the #181 most expensive place in the Old Line State.

For more reading on life in Riverside, check out:

Riverside Cost Of Living Vs. Maryland

Six factors go into calculating the cost of living index in Riverside. Here is how it fares on each of the criteria:

  • The Services index in Riverside is 106.

  • The Groceries index in Riverside is 108.

  • The Health index in Riverside is 119.

  • The Housing index in Riverside is 107.

  • The Transportation index in Riverside is 114.

  • The Utilities index in Riverside is 109.

Living Expense Riverside Maryland National Average
Overall 109 121 100
Services 106 104 100
Groceries 108 107 100
Health 119 152 100
Housing 107 109 100
Transportation 114 108 100
Utilities 109 109 100

Riverside Cost Of Living Compared To Maryland Averages

Services
Riverside 106
Maryland avg 104
Groceries
Riverside 108
Maryland avg 107
Health
Riverside 119
Maryland avg 152
Housing
Riverside 107
Maryland avg 109
Transportation
Riverside 114
Maryland avg 108
Utilities
Riverside 109
Maryland avg 109

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Maryland, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Riverside, MD Housing Cost Breakdown

$251,846Median Home Value
$1,898Median Rent
$105,785Median Income

Housing swings affordability the most between places in Maryland, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Riverside is $251,846.

  • The Median Rent in Riverside is $1,898.

  • The Median Income in Riverside is $105,785.

  • The Home Value To Income in Riverside is 2.4x.

  • The Rent To Monthly Income in Riverside is 0.22x.

Statistic Riverside Maryland United States
Median Home Value $251,846 $429,704 $332,700
Median Rent $1,898 $1,705 $1,413
Median Income $105,785 $103,678 $80,734
Home Value To Income 2.4x 4.1x 4.1x
Rent To Monthly Income 0.22x 0.2x 0.21x

Riverside, MD Costs By Category

Detailed Riverside Services costs vs. Maryland
Item Riverside Maryland
Shampoo $1.44 $1.28
Movie $13.69 $12.13
Bowling $23.03 $18
Haircut $28.33 $24.26
Beauty Salon $58.17 $45.56
Detailed Riverside Groceries costs vs. Maryland
Item Riverside Maryland
Ground Beef $6.23 $5.84
Fried Chicken $1.39 $1.57
Milk $4.73 $4.67
Potatoes $5.46 $4.93
Pizza $13.24 $12.09
Beer $10.36 $10.41
Toothpaste $3.69 $3.7
Detailed Riverside Health costs vs. Maryland
Item Riverside Maryland
Optometrist $114.22 $125.68
Doctor $133.22 $135.78
Dentist $117.22 $113.29
Detailed Riverside Transportation costs vs. Maryland
Item Riverside Maryland
Gasoline $3.46 $3.46
Tire Balancing $62.66 $59.92
Detailed Riverside Utilities costs vs. Maryland
Item Riverside Maryland
All Electricity $223.91 $193.99
Phone $199.62 $192.25

Riverside SnackAbility

7Overall SnackAbility
Jobs 8.5/10
Housing 8.5/10
Affordability 8/10
Diversity 9/10
SafetyN/A
Amenities 8.5/10
Education 8.5/10
Commute 5/10

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:

  • Bel Air South, MD has a cost of living index of 124, 1.1x Riverside.

  • Bel Air North, MD has a cost of living index of 131, 1.2x Riverside.

  • Perry Hall, MD has a cost of living index of 119, 1.1x Riverside.

City Population Cost Of Living Vs. Riverside
Bel Air South, MD 58,137 124 1.1x
Bel Air North, MD 31,302 131 1.2x
Perry Hall, MD 29,105 119 1.1x
Edgewood, MD 24,922 110 1.0x
Aberdeen, MD 17,298 110 1.0x
Havre de Grace, MD 14,994 119 1.1x
Joppatowne, MD 14,237 117 1.1x
White Marsh, MD 10,932 125 1.1x
Timonium, MD 10,304 133 1.2x
Fallston, MD 10,013 136 1.2x