Cost of Living in River Ridge, FL

Population 5,191 · Florida · Data vintage 2023

122
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

River Ridge sits on the smaller end of the Florida city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 9.6% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 15 miles southwest of Spring Hill, River Ridge falls within that metro's commuting orbit. Median home values run roughly 22% higher than Spring Hill's $248,000.

Cost Overview

Housing 99
Rent 157

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in River Ridge

The median home value in River Ridge is $303,400 — 1% below the national median of $305,000. Median rent runs $2,058/month, 57% higher than the national median of $1,314/month. The median household income of $86,786/year is 16% higher than the US median of $74,580. The local unemployment rate is 9.6%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, River Ridge has a cost of living index of 122 versus the US average of 100, meaning it is 22% more expensive.

🏠 Housing

Median Home Value
$303,400
1% below avg
Median Rent
$2,058/mo
57% above avg
Price-to-Rent Ratio
12.3x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 82.2%
Renter-occupied 17.9%

💰 Estimated Monthly Budget

Rent median rent
$2,058
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,672/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
34.5 min
28% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.5%

Commute Mode

Drove alone
81.6%
Carpooled
1.8%
Walked
0.5%
Bicycle
0.9%
Work from home
12.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$86,786
16% above avg
Per Capita Income
$48,629
Unemployment Rate
9.6%
100% above avg
Poverty Rate
8.2%
Labor Force Participation
64.0%

🎓 Education

Bachelor's degree+ 17.0%
Graduate degree 9.7%

👥 Demographics

Median Age 48.6
Male median age 44.9
Female median age 49.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
88.5%
Good air days/yr
97
Max AQI recorded
0
PM2.5 days
365
Ozone days

Frequently Asked Questions

What is the cost of living in River Ridge, FL?

River Ridge has a cost index of 122 (100 = national average). It is 22% above the national average.

What is average rent in River Ridge, FL?

The median gross rent in River Ridge is $2,058 per month based on 2023 Census data.

What is the average home price in River Ridge?

The median home value in River Ridge is $303,400 according to 2023 Census ACS data.

What is the median income in River Ridge?

The median household income in River Ridge is $86,786 per year (2023 ACS 5-year estimates).

What is the sales tax in River Ridge, FL?

The combined state and local sales tax rate in River Ridge is 7.0%. Florida has no state income tax.

Is River Ridge, FL affordable?

River Ridge is above average in cost of living, with an index of 122 — about 22% higher than the national average.

River Ridge at a Glance

Population
5,191
Median Income
$86,786
Home Value
$303,400
Median Rent
$2,058/mo
Unemployment
9.6%
Sales Tax
7.0%
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🗺️ County data for Florida

Explore county-level cost of living data

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