Cost of Living in Lake Riverside, CA

With a cost of living index of 110, Lake Riverside, CA is somewhat more expensive than average. Living here is 10% more expensive than the national average and 34% below the California state average of 144. Lake Riverside is a small community of 1,445 residents.

The median household income in Lake Riverside is $122,833, which is 63% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Lake Riverside. The area sees an average annual temperature of 65.1°F, with summers averaging 72°F and winters around 57°F. Annual rainfall totals 15.3 inches spread over roughly 48 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Riverside-San Bernardino-Ontario, CA (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.