Housing costs in Riverside?
A typical home costs
$532,000, which is 57.3% more expensive than the national average of
$338,100 and 27.5% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Riverside costs
$1,910 per month, which is 11.2% cheaper than the national average of
$2,150 and 8.4% more than the state average of
$1,750.
Can I afford Riverside?
To live comfortably in Riverside (zip 92507), California, a minimum annual income of
$101,880 for a family, and
$60,800 for a single person is recommended.
What does A.I. say about Riverside?
The cost of living in 92507 Riverside, CA is relatively high compared to the rest of the state. The median home price in this zip code is $385,000, which is much higher than the median home price statewide. Additionally, groceries and healthcare costs are significantly higher here than the national average. However, utilities and transportation costs are slightly below the national average. This makes it possible for residents to enjoy a good quality of life with access to necessary amenities while still managing their budget.