Housing costs in Riverside?
A typical home costs
$238,300, which is 29.5% less expensive than the national average of
$338,100 and 44.9% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Riverside costs
$1,590 per month, which is 11.2% more than the national average of
$1,430 and 7.5% cheaper than the state average of
$1,710.
Can I afford Riverside?
To live comfortably in Riverside, New Jersey, a minimum annual income of
$45,720 for a family, and
$52,400 for a single person is recommended.
What does A.I. say about Riverside?
The cost of living in Riverside, NJ is very reasonable. The average home price is around $220,000, which is very affordable for families looking to buy a home in the area. Rent prices are also quite reasonable at an average of $1,150 per month. On top of that, taxes in the area are low compared to other parts of New Jersey. All of this adds up to a lower cost of living than many other parts of the state and makes Riverside an attractive place to live for many families.