Housing costs in Riverdale?
A typical home costs
$106,000, which is 68.6% less expensive than the national average of
$338,100 and 56.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Riverdale costs
$1,160 per month, which is 18.9% cheaper than the national average of
$1,430 and 8.6% cheaper than the state average of
$1,260.
Can I afford Riverdale?
To live comfortably in Riverdale, Illinois, a minimum annual income of
$20,160 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Riverdale?
The cost of living in Riverdale, IL is generally considered to be affordable, with an average cost that is lower than the national average. The median home value in Riverdale is $84,900 and most people spend around 24% of their income on housing costs. Utilities tend to be fairly inexpensive, as the city has good access to natural gas and electricity services. The cost of groceries is a bit higher than some other areas but still within an acceptable range for most families. Overall, living in Riverdale can be a great option if you are looking for affordability without sacrificing quality of life.