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.