Cost of Living in Riverdale, IL
Population 10,515 · Illinois · Data vintage 2023
(100 = US avg)
Household incomes in Riverdale run well below national norms — a median of $45,709 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $105,000). At 14.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 14 miles south of Chicago, Riverdale falls within that metro's commuting orbit. Median home values run roughly 67% lower than Chicago's $315,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Riverdale
The median home value in Riverdale is $104,800 — 66% below the national median of $305,000. Median rent runs $1,204/month, 8% lower than the national median of $1,314/month. The median household income of $45,709/year is 39% lower than the US median of $74,580. The local unemployment rate is 14.1%, above the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. Overall, Riverdale has a cost of living index of 57 versus the US average of 100, meaning it is 43% less expensive.
🏠 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Riverdale, IL?
Riverdale has a cost index of 57 (100 = national average). It is 43% below the national average.
What is average rent in Riverdale, IL?
The median gross rent in Riverdale is $1,204 per month based on 2023 Census data.
What is the average home price in Riverdale?
The median home value in Riverdale is $104,800 according to Zillow and Census data.
What is the median income in Riverdale?
The median household income in Riverdale is $45,709 per year (2023 ACS 5-year estimates).
What is the sales tax in Riverdale, IL?
The combined state and local sales tax rate in Riverdale is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Riverdale, IL affordable?
Yes, Riverdale is generally considered affordable, with a cost of living index of 57 — about 43% below the US national average of 100.
Riverdale at a Glance
- Population
- 10,515
- Median Income
- $45,709
- Home Value
- $104,800
- Median Rent
- $1,204/mo
- Unemployment
- 14.1%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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