Riverdale cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexRiverdaleGeorgiaNational
Cost of living index9094100
IndexRiverdaleGeorgiaNational
Goods & Services index10296100
Groceries index107100100
Health care index10394100
Housing index6287100
Transportation index10996100
Utilities index9197100
An overview of the general cost of living index for Riverdale, GA is displayed above for your reference. Residents in Riverdale, GA enjoy a cost of living index of 90. This index is 4% lower than the Georgia average, and 10% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Riverdale, GA, the average cost of goods and services is 6% higher than it is in Georgia, and it is 2% higher than the national average.

Did you know?

  • The cost of living in Riverdale is 4% lower than the Georgia average.
  • The cost of living in Riverdale is 10% lower than the national average.
  • The cost of housing in Riverdale is 38% lower than the national average.
  • Georgia general sales tax is 21% lower than the national average.
  • Georgia state income tax is 55% lower than the national average.

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Compare Riverdale, GA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Riverdale, GA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Riverdale, GA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Riverdale, GA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$53,004$4,417$1,237$1,590
Renters$25,422$2,119$593$763
One can approximate the cost of living and the housing affordability in Riverdale, GA by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Riverdale, GA have a median income of $53,004. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,237 per month to avoid calamity and poverty. The renters in the city have an income of about $25,422, which would make their monthly maximum allowable rental costs $593.

Georgia Sales Tax

StateGeneral Sales TaxWith Max Surtax
Georgia4%8%

Georgia Income Tax

StateIncome Tax (Low)Income Tax (High)
Georgia1%6%
When you are determining the total cost of living in Riverdale, GA you will want to make sure you consider both the Georgia sales tax and the Georgia income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Georgia is 4%, with the highest surtax being 8%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Georgia have a range from 1% to 6%.

Goods & Services

ItemRiverdaleNational avg.Difference
Haircut $17.70$14.5921.3%
Beauty Salon $43.70$34.6826.0%
Toothpaste $2.57$2.473.9%
Shampoo $0.75$1.0226.6%
Movie $12.24$9.8724.0%
Bowling $5.21$4.3918.6%

Groceries

ItemRiverdaleNational avg.Difference
Ground Beef $4.74$4.485.9%
Fried Chicken $1.54$1.465.2%
Milk $2.42$2.362.7%
Potatoes $3.74$3.0622.2%
Pizza $8.09$9.2412.5%
Beer $8.97$8.633.9%

Health Care

ItemRiverdaleNational avg.Difference
Optometrist $88.57$99.7811.2%
Doctor $96.50$105.038.1%
Dentist $105.50$88.7018.9%
Ibuprofen $6.29$9.4133.2%
Lipitor $324.65$298.508.8%

Housing

ItemRiverdaleNational avg.Difference
Home Price $87,500.00$175,700.0050.2%
Avg. Mortgage Payment $1,027.50$1,081.035.0%
Apartment Rent $824.00$920.0010.4%

Transportation

ItemRiverdaleNational avg.Difference
Gasoline $2.25$2.097.8%
Tire Balancing $51.19$45.2913.0%

Utilities

ItemRiverdaleNational avg.Difference
All Electricity$146.37$170.8014.3%
Phone $27.94$28.261.1%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Forest Park, GA18,78387-13%
Conley, GA5,67987-13%
Jonesboro, GA4,66189-11%
Panthersville, GA9,47490-10%
Bonanza, GA3,48390-10%
Riverdale, GA15,49690-10%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Mitchell, SD15,49086-14%
Bay Village, OH15,5081077%
Cedar Mill, OR15,48214343%
Groveton, VA15,47813232%
Newport, KY15,46785-15%
Riverdale, GA15,49690-10%
Source: The Riverdale, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.