Cost of Living in Riverside, California
Riverside has a population of about 319,069. The median household income is $91,045, median gross rent is $1,914/month, and the median home value is $584,800. Below is how Riverside compares to the US.
Is Riverside expensive to live in?
Compared with the national median, rent in Riverside is 16% above the national median and home values are 56% above the national median. Household income here is 8% above the national median. Monthly rent represents roughly 25% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Riverside?
The median gross rent in Riverside, California is $1,914 per month (US Census ACS).
What is the median home price in Riverside?
The median home value in Riverside is $584,800.
How much do people earn in Riverside?
The median household income in Riverside is $91,045 per year.
Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.