Cost of Living in Riverside, CA
Riverside has a cost of living index of 116 (100 = national average), making it more expensive than the national average. The median household income is $67,005 and the median home price is $560,000.
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Riverside at a Glance
Population
314,998
Cost of Living Index
116
Median Income
$67,005
Median Home Price
$560,000
Property Tax Rate
0.95%
Sales Tax Rate
8.75%
Rent Index
108
State
California
Living in Riverside
Riverside has a cost of living slightly above the national average. While housing at $560,000 is a significant expense, the area offers a balance between cost and quality of life.
The combined sales tax rate in Riverside is 8.75%, and the effective property tax rate is 0.95%. Property taxes are close to the national average.