Riverside, MD Cost of Living


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How much do I need to live in Riverside, Maryland?
$3,630 / month
for a family, 32.8% less expensive than the national average A total of $43,560 for the year for a family.
$4,500 / month
for a single person, 5.6% less expensive than the national average A total of $54,000 for the year for a single person.

Riverside cost of living score
107.6
More expensive
7.6% higher
than the US average
3.8% lower
than the Maryland average
Riverside, Maryland gets a BestPlaces Cost of Living score of 107.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.6% higher than the U.S. average and 3.8% higher than the average for Maryland.

Riverside, MD

Housing costs in Riverside?
A typical home costs $227,300, which is 32.8% less expensive than the national average of $338,100 and 41.4% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Riverside costs $1,670 per month, which is 16.8% more than the national average of $1,430 and 3.0% more than the state average of $1,620.

Can I afford Riverside?
To live comfortably in Riverside, Maryland, a minimum annual income of $43,560 for a family, and $54,000 for a single person is recommended.

What does A.I. say about Riverside?
Riverside, MD is a great place to live with a low cost of living. Home prices are relatively affordable compared to other places in Maryland, and the overall cost of living in Riverside is 3% lower than the national average. Utilities such as electricity and water tend to be more reasonable than most places in Maryland, while other expenses such as food and transportation are right around the same. Overall, living costs in Riverside are quite reasonable for a city located close to Washington D.C. and Baltimore.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRiversideMarylandUnited States
    Unlock111.8100.0
  99.9  Unlock100.0
    Unlock84.2100.0
  68.5  Unlock100.0
    Unlock$388,100$338,100
  106.6  Unlock100.0
    Unlock119.3100.0
  128.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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