Riviera Beach 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.
IndexRiviera BeachMarylandNational
Cost of living index114115100
IndexRiviera BeachMarylandNational
Goods & Services index9191100
Groceries index111112100
Health care index9088100
Housing index151154100
Transportation index109108100
Utilities index9799100
An overview of the general cost of living index for Riviera Beach, MD is displayed above for your reference. Residents in Riviera Beach, MD enjoy a cost of living index of 114. This index is 1% lower than the Maryland average, and 14% higher 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 Riviera Beach, MD, the average cost of goods and services is 1% lower than it is in Maryland, and it is 9% lower than the national average.

Did you know?

  • The cost of living in Riviera Beach is 1% lower than the Maryland average.
  • The cost of living in Riviera Beach is 14% higher than the national average.
  • The cost of housing in Riviera Beach is 51% higher than the national average.
  • Maryland general sales tax is 18% higher than the national average.
  • Maryland state income tax is 10% lower than the national average.

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Compare Riviera Beach, MD Cost of living To Other Cities

Salary Calculator

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Health care index
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The salary calculator is used in order to provide a comparison of your current salary in Riviera Beach, MD to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Riviera Beach, MD, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Riviera Beach, MD salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$79,142$6,595$1,847$2,374
Renters$75,571$6,298$1,763$2,267
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Riviera Beach, MD, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Riviera Beach, MD has a median income of about $79,142 for people who own homes. Based on that number, a person should spend a maximum of $1,847 on expenses related to housing. Renters have a slightly different median income, which is $75,571. Based on this average, renters should spend no more than $1,763 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax
Maryland6%6%

Maryland Income Tax

StateIncome Tax (Low)Income Tax (High)
Maryland2%5.75%
When you are determining the total cost of living in Riviera Beach, MD you will want to make sure you consider both the Maryland sales tax and the Maryland 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 Maryland is 6%, with the highest surtax being 6%. 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 Maryland have a range from 2% to 5.75%.

Goods & Services

ItemRiviera BeachNational avg.Difference
Haircut $15.75$14.597.9%
Beauty Salon $43.00$34.6824.0%
Toothpaste $2.13$2.4713.9%
Shampoo $0.99$1.023.1%
Movie $10.81$9.879.5%
Bowling $5.30$4.3920.7%

Groceries

ItemRiviera BeachNational avg.Difference
Ground Beef $3.49$4.4822.0%
Fried Chicken $1.57$1.467.2%
Milk $2.59$2.369.9%
Potatoes $3.89$3.0627.1%
Pizza $8.00$9.2413.4%
Beer $8.49$8.631.7%

Health Care

ItemRiviera BeachNational avg.Difference
Optometrist $67.49$99.7832.4%
Doctor $80.00$105.0323.8%
Dentist $81.75$88.707.8%
Ibuprofen $10.58$9.4112.4%
Lipitor $293.64$298.501.6%

Housing

ItemRiviera BeachNational avg.Difference
Home Price $247,600.00$175,700.0040.9%
Avg. Mortgage Payment $1,575.45$1,081.0345.7%
Apartment Rent $1,606.00$920.0074.6%

Transportation

ItemRiviera BeachNational avg.Difference
Gasoline $2.28$2.099.0%
Tire Balancing $48.80$45.297.8%

Utilities

ItemRiviera BeachNational avg.Difference
All Electricity$159.30$170.806.7%
Phone $28.67$28.261.5%
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.
Dundalk, MD62,18696-4%
Baltimore, MD622,27196-4%
Middle River, MD26,65298-2%
Lansdowne, MD8,71498-2%
Essex, MD37,38099-1%
Riviera Beach, MD12,81111414%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
St. Simons, GA12,80712525%
Tucson Estates, AZ12,82990-10%
Malibu, CA12,830215115%
Fulton, MO12,79186-14%
Bardstown, KY12,83388-12%
Riviera Beach, MD12,81111414%
Source: The Riviera Beach, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.