Cost of Living in Riverside, CT
Population 9,216 · Connecticut · Data vintage 2023
(100 = US avg)
At $1.8 million, the typical home in Riverside costs about 6× the national median, a premium characteristic of resort and luxury markets rather than primary-residence metros.
Located <5 miles southwest of Stamford, Riverside falls within that metro's commuting orbit. Median home values run roughly 197% higher than Stamford's $614,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Riverside
The median home value in Riverside is $1,824,700 — 498% above the national median of $305,000. Median rent runs $2,419/month, 84% higher than the national median of $1,314/month. The median household income of $250,001/year is 235% higher than the US median of $74,580. The local unemployment rate is 5.0%, above the national average of 4.8%. Connecticut's top state income tax rate is 7.0% and the combined sales tax is 6.3%. Overall, Riverside has a cost of living index of 433 versus the US average of 100, meaning it is 333% more expensive.
Riverside has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Riverside, CT?
Riverside has a cost index of 433 (100 = national average). It is 333% above the national average.
What is average rent in Riverside, CT?
The median gross rent in Riverside is $2,419 per month based on 2023 Census data.
What is the average home price in Riverside?
The median home value in Riverside is $1,824,700 according to 2023 Census ACS data.
What is the median income in Riverside?
The median household income in Riverside is $250,001 per year (2023 ACS 5-year estimates).
What is the sales tax in Riverside, CT?
The combined state and local sales tax rate in Riverside is 6.3%. The Connecticut state income tax top rate is 7.0%.
Is Riverside, CT affordable?
Riverside is above average in cost of living, with an index of 433 — about 333% higher than the national average.
Riverside at a Glance
- Population
- 9,216
- Median Income
- $250,001
- Home Value
- $1,824,700
- Median Rent
- $2,419/mo
- Unemployment
- 5.0%
- Sales Tax
- 6.3%
Nearby Cities
Explore county-level cost of living data
Connecticut Rankings
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