Riverside, California has an overall cost of living index of 107.3, which is 7.3 points above the US average of 100 — making it pricier than most American cities. Renters pay a median of $1,914 per month, while the typical home is valued around $584,800. Households earn a median of $91,045 per year, leaving rent at a manageable share of income for many residents. Air quality is moderate, with an average AQI of 65. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$91,045
Median Income / yr
Census ACS
$1,914
Median Rent / mo
Census ACS
$584,800
Median Home Value
Census ACS
107.3
Cost of Living Index
Studio FMR
$1,692
HUD · FY2024
1BR Fair Market Rent
$1,777
HUD · FY2024
2BR Fair Market Rent
$2,201
HUD · FY2024
3BR Fair Market Rent
$2,912
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
Each category indexed to the US average of 100. Below 100 = cheaper than average.
Overall
107.3
Goods
102.0
Rents / Housing
132.0
Services
164.3
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | $140,840 |
| Registered Nurse | $135,680 |
| Elementary Teacher | $93,620 |
| Electrician | $80,130 |
| Accountant | $93,040 |
| Plumber | $71,750 |
| Nurse Practitioner | $189,540 |
| Civil Engineer | $117,200 |
| Operations Manager | $129,390 |
| Market Research Analyst | $85,640 |
| Health Services Manager | $146,350 |
| Truck Driver | $61,480 |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | $101,120 |
Source: BLS OEWS 2023 (metro-level data)
Population
319,069
Latest estimate
Median Age
33.6 yrs
Census ACS
65.0
Moderate0 = clean · 50 = moderate boundary · lower is better
Source: EPA AirNow
Total Neighborhoods
12
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,794
Per month
Avg Home Value
$495,818
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 92501 | — | $1,489 | $439,900 |
| ZIP 92503 | — | $1,701 | $489,200 |
| ZIP 92504 | — | $1,640 | $457,800 |
| ZIP 92505 | — | $1,856 | $463,500 |
| ZIP 92506 | — | $1,777 | $605,800 |
| ZIP 92507 | — | $1,625 | $472,300 |
| ZIP 92508 | — | $2,511 | $633,900 |
| ZIP 92509 | — | $1,661 | $453,500 |
| ZIP 92521 | — | — | — |
| ZIP 92553 | — | $1,759 | $371,600 |
Showing top 10 of 12 tracked neighborhoods.
January Avg
52°F
July Avg
78°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Dry/Arid · Source: NOAA/NCEI 30-year normals.
Healthcare Score
30.9
poor
Hospitals
4
Doctors per 1,000
1.00
Insurance Coverage
91.1%
Riverside has a Regional Price Parity (RPP) index of 107.3. The US national average is 100, so Riverside is 7.3 points above the national average.
The median gross rent in Riverside is $1,914 per month according to US Census ACS data.
The median household income in Riverside is $91,045 per year.
The median home value in Riverside is $584,800 based on the latest Census ACS survey.
Riverside has an average Air Quality Index (AQI) of 65.0, which is rated "Moderate" by the EPA. Lower AQI values indicate cleaner air.
Tax data for California is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
