Housing costs in Riverside?
A typical home costs
$428,300, which is 26.7% more expensive than the national average of
$338,100 and 77.2% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Riverside costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and close to the state average of
$1,260.
Can I afford Riverside?
To live comfortably in Riverside, Illinois, a minimum annual income of
$82,080 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Riverside?
Riverside, IL is known for its affordability when it comes to cost of living. The median home price in Riverside is around $206,000, which is significantly lower than the median home price in the state of Illinois as a whole. As of 2020, the estimated cost of living in Riverside is 11% lower than the national average. In addition to affordability on housing, utilities and transportation costs are also relatively low compared to other parts of the nation. This makes Riverside an attractive option for families and individuals who seek a more affordable lifestyle without sacrificing quality of life or amenities.