Housing costs in Riverside?
A typical home costs
$576,500, which is 70.5% more expensive than the national average of
$338,100 and 21.4% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Riverside costs
$2,300 per month, which is 7.0% more than the national average of
$2,150 and 23.9% more than the state average of
$1,750.
Can I afford Riverside?
To live comfortably in Riverside (zip 92505), California, a minimum annual income of
$110,520 for a family, and
$73,600 for a single person is recommended.
What does A.I. say about Riverside?
The cost of living in 92505 Riverside, CA is one of the most expensive zip codes in the state. The average cost for housing is over $400,000 and rent averages around $1,500 per month. Goods and services are more expensive than the national average. Transportation costs can also be high with gas prices averaging around 20% higher than the rest of California. Overall, 92505 Riverside has a high cost of living but it can be affordable if you are mindful of your budgeting and planning ahead.