Riverside 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.
IndexRiversideCaliforniaNational
Cost of living index122138100
IndexRiversideCaliforniaNational
Goods & Services index108110100
Groceries index114115100
Health care index105109100
Housing index146196100
Transportation index132125100
Utilities index103114100
The above illustration supplies generalized information for the Riverside, CA cost of living index. Compared to other cities in California and cities across the country, the cost of living index in Riverside, CA is 122, which is 12% lower than the California average and 22% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Riverside, CA are 1% lower than the average for California and 8% higher than the rest of the country.
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Did you know?

  • The cost of living in Riverside is 12% lower than the California average.
  • The cost of living in Riverside is 22% higher than the national average.
  • The cost of housing in Riverside is 46% higher than the national average.
  • California general sales tax is 42% higher than the national average.
  • California state income tax is 55% lower than the national average.

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Compare Riverside, CA Cost of living To Other Cities

Salary Calculator

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Goods & Services index
Groceries index
Health care index
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Use the salary calculator to compare your current salary in Riverside, CA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Riverside, CA, then you would need to earn more income in order to maintain the same standard of living. To use the Riverside, CA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$80,385$6,699$1,876$2,412
Renters$39,688$3,307$926$1,191
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Riverside, CA as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Riverside, CA homeowners, is $80,385. This would allow for a maximum of $1,876 per month to be spent on housing costs. For renters, the median monthly income is $39,688 which would result in a maximum of $926 to be spent on rental costs.

California Sales Tax

StateGeneral Sales TaxWith Max Surtax
California7.25%10.25%

California Income Tax

StateIncome Tax (Low)Income Tax (High)
California1%13.3%
One thing to keep in mind when considering the cost of living in Riverside, CA is the California sales tax and California income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The California sales tax rate is 7.25% and the maximum surtax that can be charged is 10.25%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The California income tax rates range from 1% to 13.3%.

Goods & Services

ItemRiversideNational avg.Difference
Haircut $20.43$16.0927.0%
Beauty Salon $60.87$37.3363.0%
Toothpaste $2.55$2.454.2%
Shampoo $1.29$1.0028.9%
Movie $13.65$10.2832.8%
Bowling $6.68$4.9335.5%

Groceries

ItemRiversideNational avg.Difference
Ground Beef $4.49$3.8018.0%
Fried Chicken $1.04$1.4025.8%
Milk $2.23$2.0110.9%
Potatoes $2.77$3.018.1%
Pizza $10.99$9.8911.2%
Beer $9.88$8.9011.0%

Health Care

ItemRiversideNational avg.Difference
Optometrist $101.17$102.161.0%
Doctor $96.00$108.3611.4%
Dentist $106.60$92.5315.2%
Ibuprofen $12.77$9.2837.6%
Lipitor $409.56$425.823.8%

Housing

ItemRiversideNational avg.Difference
Home Price $286,600.00$184,700.0055.2%
Avg. Mortgage Payment $3,375.06$1,202.44180.7%
Apartment Rent $1,194.00$949.0025.8%

Transportation

ItemRiversideNational avg.Difference
Gasoline $3.03$2.2434.9%
Tire Balancing $59.13$46.2927.7%

Utilities

ItemRiversideNational avg.Difference
All Electricity$190.81$165.9615.0%
Phone $25.97$28.689.5%
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.
Meadowbrook, CA2,7821055%
Good Hope, CA9,4711077%
San Bernardino, CA214,5811077%
Colton, CA53,85611010%
Bloomington, CA23,32211313%
Riverside, CA318,67812222%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Corpus Christi, TX320,05091-9%
St. Louis, MO316,03089-11%
Lexington-Fayette, KY311,52995-5%
Pittsburgh, PA305,30591-9%
Santa Ana, CA333,60513535%
Riverside, CA318,67812222%
Source: The Riverside, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.