Housing costs in Riverside?
A typical home costs
$206,100, which is 39.0% less expensive than the national average of
$338,100 and 5.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Riverside costs
$910 per month, which is 36.4% more than the national average of
$1,430 and 20.9% more than the state average of
$1,100.
Can I afford Riverside?
To live comfortably in Riverside, Michigan, a minimum annual income of
$39,600 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Riverside?
The cost of living in Riverside, MI is very reasonable. While housing prices have been steadily increasing, the cost of living in Riverside is still much lower than in other cities or towns across Michigan. Rent for a two-bedroom apartment averages around $850 per month, and groceries are also quite affordable. Other typical expenses like utilities, transportation costs, and medical services are all reasonably priced. This makes Riverside an attractive option for those looking to save money on their monthly expenses while still living comfortably.