Housing costs in Riverside?
A typical home costs
$710,100, which is 110.0% more expensive than the national average of
$338,100 and 3.2% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Riverside costs
$2,580 per month, which is 20.0% more than the national average of
$2,150 and 32.2% more than the state average of
$1,750.
Can I afford Riverside?
To live comfortably in Riverside (zip 92508), California, a minimum annual income of
$136,080 for a family, and
$82,400 for a single person is recommended.
What does A.I. say about Riverside?
The cost of living in 92508 Riverside, CA is relatively high due to its proximity to Los Angeles. The median home price in the area is around $385,800, and it is estimated that the cost of renting a two-bedroom apartment averages around $1,557 per month. Although groceries and healthcare costs are relatively low compared to other areas of California, utilities and transportation expenses can be higher than average. Overall, living in 92508 Riverside is more expensive than many other parts of the state.