Housing costs in Riverside?
A typical home costs
$286,600, which is 15.2% less expensive than the national average of
$338,100 and 33.9% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Riverside costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 7.8% more than the state average of
$940.
Can I afford Riverside?
To live comfortably in Riverside, Alabama, a minimum annual income of
$55,080 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Riverside?
The cost of living in Riverside, AL is very affordable. The median household income is approximately $42,000 and the median home value is just over $100,000. There are a variety of housing options available for those looking to purchase or rent, ranging from single-family homes to townhomes and condos. Utility costs are lower than the national average, making it easier to keep expenses reasonable. In addition to low cost of living, there are plenty of amenities within Riverside that residents can take advantage of such as parks, restaurants, and shopping centers. All in all, Riverside is an affordable place to live with lots to do.