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Riverside, CA vs Torrance, CA

137
Riverside
California
VS
-28.8%
192
Torrance
California

There is a significant gap in the cost of living between these two cities. Riverside is 28.8% cheaper than Torrance. With a cost index of 137 vs 192, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Riverside to Torrance should plan for substantially higher expenses across most categories.

On the housing front, median rent in Riverside is $1,812/month compared to $2,214/month in Torrance — a 18% difference. Home values follow the same pattern: Riverside is more affordable at $542,100 median vs $1,036,600.

Median household income in Riverside is $88,575 compared to $113,105 in Torrance (-21.7%). The higher salaries in Torrance partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Riverside spend roughly 24.5% of their income on rent, more than the 23.5% in Torrance.

Climate-wise, Riverside is notably warmer with an average of 66.2°F compared to 63°F in Torrance. Torrance receives more rainfall at 13.6" per year compared to 9.4" in Riverside.

Income & Cost

Cost of Living Index
Riverside
137
29% cheaper
Torrance
192
Median Household Income
Riverside
$88,575
Torrance
$113,105
22% higher

Housing

Median Rent
Riverside
$1,812
18% cheaper
Torrance
$2,214
Median Home Value
Riverside
$542,100
48% cheaper
Torrance
$1,036,600
Population
Riverside
316,241
Torrance
143,499

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Rent by Bedroom Size

HUD Fair Market Rent (FY 2026) — metro area average

Studio
Riverside $2,020
Torrance $2,031
1% cheaper
1 Bed
Riverside $2,148
Torrance $2,272
5% cheaper
2 Bed
Riverside $2,675
Torrance $2,835
6% cheaper
3 Bed
Riverside $3,520
Torrance $3,599
2% cheaper
4 Bed
Riverside $4,178
Torrance $4,010
4% cheaper

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Riverside $3.13
Torrance $3.28
US $3.07
🥚
Eggs (grade A, large)
Riverside $2.55
Torrance $2.68
US $2.50
🥛
Milk (whole)
Riverside $4.11
Torrance $4.31
US $4.03
🍞
Bread (white)
Riverside $1.89
Torrance $1.98
US $1.85
🍗
Chicken breast
Riverside $4.22
Torrance $4.44
US $4.14
Electricity
Riverside $0.31
Torrance $0.27
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Riverside 66.2°F
Torrance 63°F
Summer High
Riverside 93°F
Torrance 77°F
Winter Low
Riverside 44°F
Torrance 47°F
Rainfall
Riverside 9.4"
Torrance 13.6"
Rainy Days
Riverside 35d
Torrance 34d