Housing costs in Riverside?
A typical home costs
$542,400, which is 60.4% more expensive than the national average of
$338,100 and 26.1% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Riverside costs
$1,930 per month, which is 10.2% cheaper than the national average of
$2,150 and 9.3% more than the state average of
$1,750.
Can I afford Riverside?
To live comfortably in Riverside (zip 92504), California, a minimum annual income of
$104,040 for a family, and
$61,600 for a single person is recommended.
What does A.I. say about Riverside?
The cost of living in 92504 Riverside, CA is quite affordable. According to BestPlaces’s cost of living index, the average monthly cost of living for a single person in 92504 is $1,531USD. This includes rent, groceries, transportation and healthcare. The rent for a one-bedroom apartment in the city averages around $1,000 USD per month while food prices are very reasonable - a meal out for two people costs an average of $30 USD. Transportation costs are also relatively low when compared to other cities since public transportation and ridesharing services are both widely available. Healthcare costs have been steadily increasing but remain well below the national average. Overall, living in 92504 Riverside is highly affordable and allows people to achieve their financial goals without breaking the bank.