Zip 06878 (Riverside, CT) Cost of Living


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How much do I need to live in Riverside, Connecticut?
$31,710 / month
for a family, 487.2% more expensive than the national average A total of $380,520 for the year for a family.
$8,933 / month
for a single person, 87.4% more expensive than the national average A total of $107,200 for the year for a single person.

Riverside cost of living score
138.6
More expensive
38.6% higher
than the US average
24.0% higher
than the Connecticut average
Riverside (zip 06878), Connecticut gets a BestPlaces Cost of Living score of 138.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 38.6% higher than the U.S. average and 24.0% lower than the average for Connecticut.

Zip 06878 (Riverside, CT)

Housing costs in Riverside?
A typical home costs $1,986,200, which is 487.5% more expensive than the national average of $338,100 and 448.5% more expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Riverside costs $3,290 per month, which is 130.1% more than the national average of $1,430 and 49.5% more than the state average of $1,660.

Can I afford Riverside?
To live comfortably in Riverside (zip 06878), Connecticut, a minimum annual income of $380,520 for a family, and $107,200 for a single person is recommended.

What does A.I. say about Riverside?
Living in 06878 Riverside, CT can be expensive. The median home value is $729,400, which is significantly higher than the national average of $231,200. Additionally, the median household income is $120,229 which is more than double the national average of $60,293. Other expenses such as grocery costs and taxes are also higher in 06878 Riverside, CT compared to other areas across the United States. Overall, living in 06878 Riverside, CT can be expensive for those who are not prepared with a high salary or extensive savings.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRiversideConnecticutUnited States
    Unlock111.8100.0
  119.0  Unlock100.0
    Unlock118.6100.0
  581.5  Unlock100.0
    Unlock$362,100$338,100
  121.9  Unlock100.0
    Unlock112.4100.0
  161.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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