Cost of Living in Riverside, PA

With a cost of living index of 81, Riverside, PA is a very affordable place to live. Living here is 19% cheaper than the national average and in line with the Pennsylvania state average. Riverside is a small community of 1,985 residents.

Housing costs are the biggest factor in Riverside's cost of living. The median monthly rent is $962 (27% below the US median of $1,319), and the median home value sits at $228,400 (25% below the national median of $304,900). At current prices, the median home costs roughly 2.9x the median household income — well within traditional affordability guidelines.

The median household income in Riverside is $79,688, which is 6% higher than the national median of $75,149. Residents spend roughly 14% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.