Cost Of Living in Riverside, MD

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B

11%

Overall NAT. AVG.

5%

Groceries NAT. AVG.

18%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Riverside	Maryland	National
Cost of living	111	121	100
Groceries	105	105	100
Health care	108	109	100
Housing	118	151	100
Transportation	106	109	100
Utilities	112	108	100
Lifestyle & Entertainment	108	109	100
Household Items	106	105	100
Education & Childcare	110	112	100

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Homes For Sale In Riverside, MD

4242 Goodson Ct

Belcamp, MD

1403 Sage Ln Unit L

Belcamp, MD

1350 James Way

Belcamp, MD

1201 Friars Wood Ct #202

Belcamp, MD

Cost Of Living Quick Facts

The cost of living in Riverside is 8% lower than the Maryland average
The cost of living in Riverside is 11% higher than the national average
Riverside housing is 18% higher than the national average
Maryland general sales tax is 18% higher than the national average
Maryland state income tax is 23% lower than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$121,334	$10,111	$2,831	$3,640
Renters	$116,696	$9,725	$2,723	$3,501

A good indicator of the general affordability of housing in Riverside, MD, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Riverside, the median monthly income is $121,334 for those who own their own homes. Under the standard rule, that income level would allow for $2,831 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $116,696, per the median income in the area. That would allow for renters to spend up to $2,723 on monthly rental expenses.

Maryland Sales Tax

State	General Sales Tax	With Max Surtax
Maryland	6%	6%

Maryland Income Tax

State	Income Tax (Low)	Income Tax (High)
Maryland	2%	5.75%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Bel Air CDP, MD	1,421	100	0.1%
Butlertown, MD	335	102	2.3%
Kennedyville, MD	439	102	2.5%
Dundalk, MD	65,241	106	5.9%
Port Deposit, MD	647	106	5.6%
Riverside, MD	6,092	111	10.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Wesley Hills, NY	6,093	185	84.5%
Sherwood Manor, CT	6,090	118	18.3%
Snowflake, AZ	6,094	98	1.7%
Ramblewood, NJ	6,094	127	26.9%
Les Coteaux, QC	6,094	n/a
Riverside, MD	6,092	111	10.7%

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

Cost of Living in Riverside, MD

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

Maryland Sales Tax

Maryland Income Tax

Nearby cities with low cost of living

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