Downey, CA vs Riverside, CA
Riverside is moderately more affordable than Downey, with a 14.8% lower cost of living index. Downey scores 157 compared to 137 for Riverside, where the US average is 100. This difference means residents of Downey can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Downey is $1,892/month compared to $1,812/month in Riverside — a 4% difference. Home values follow the same pattern: Riverside is more affordable at $542,100 median vs $728,500.
Median household income in Downey is $87,400 compared to $88,575 in Riverside (-1.3%). Riverside offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Downey spend roughly 26% of their income on rent, more than the 24.5% in Riverside.
Climate-wise, both cities share similar average temperatures (64.9°F vs 66.2°F). Downey receives more rainfall at 12" per year compared to 9.4" in Riverside.
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Housing
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Rent by Bedroom Size
HUD Fair Market Rent (FY 2026) — metro area average
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Climate
NOAA 30-year normals (1991-2020)