Housing costs in Riverside?
A typical home costs
$354,300, which is 4.8% more expensive than the national average of
$338,100 and 46.6% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Riverside costs
$1,310 per month, which is 8.4% cheaper than the national average of
$1,430 and 3.8% more than the state average of
$1,260.
Can I afford Riverside?
To live comfortably in Riverside (zip 60546), Illinois, a minimum annual income of
$68,040 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Riverside?
The cost of living in 60546 Riverside, IL is relatively moderate compared to other places in the U.S. According to BestPlaces, it is estimated that a single person's monthly expenses such as rent, groceries, transportation, and utilities are around $1,590. Housing prices are quite expensive with a median purchase price for homes at $364,400 as reported by BestPlaces. However, taxes are lower than the national average as Illinois does not levy an income tax on Social Security benefits. Food prices are close to the national average and transportation costs are also reasonable with gas prices under the national average. All in all, 60546 Riverside is an affordable place to live considering its proximity to Chicago and all the perks the city has to offer.