Housing costs in Riva?
A typical home costs
$541,800, which is 60.2% more expensive than the national average of
$338,100 and 39.6% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Riva costs
$2,250 per month, which is 38.9% more than the national average of
$1,620 and 31.1% more than the state average of
$1,550.
Can I afford Riva?
To live comfortably in Riva (zip 21140), Maryland, a minimum annual income of
$103,680 for a family, and
$72,800 for a single person is recommended.
What does A.I. say about Riva?
The cost of living in 21140 Riva, MD is generally quite high. Housing costs tend to be the biggest expense for most residents and, compared to the national average, they can be quite costly in this area. On average, a one bedroom apartment will cost around $1400 per month while a three bedroom apartment will often cost upwards of $1700 per month. Other expenses such as food, transportation, and utilities are also on par with the rest of Maryland and can be somewhat expensive when compared to other parts of the country. Overall, the cost of living in 21140 Riva is higher than the national average but provides residents with an excellent quality of life.