Cost of Living in Riverside, IL
Population 9,079 · Illinois · Data vintage 2023
(100 = US avg)
Riverside sits on the smaller end of the Illinois city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Located 7 miles west of Chicago, Riverside falls within that metro's commuting orbit. Median home values run roughly 46% higher than Chicago's $315,000.
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 $460,500 — 51% above the national median of $305,000. Median rent runs $1,435/month, 9% higher than the national median of $1,314/month. The median household income of $149,219/year is 100% higher than the US median of $74,580. The local unemployment rate is 3.3%, below 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, Riverside has a cost of living index of 134 versus the US average of 100, meaning it is 34% 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Riverside, IL?
Riverside has a cost index of 134 (100 = national average). It is 34% above the national average.
What is average rent in Riverside, IL?
The median gross rent in Riverside is $1,435 per month based on 2023 Census data.
What is the average home price in Riverside?
The median home value in Riverside is $460,500 according to Zillow and Census data.
What is the median income in Riverside?
The median household income in Riverside is $149,219 per year (2023 ACS 5-year estimates).
What is the sales tax in Riverside, IL?
The combined state and local sales tax rate in Riverside is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Riverside, IL affordable?
Riverside is above average in cost of living, with an index of 134 — about 34% higher than the national average.
Riverside at a Glance
- Population
- 9,079
- Median Income
- $149,219
- Home Value
- $460,500
- Median Rent
- $1,435/mo
- Unemployment
- 3.3%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
Similar Cost Cities
Cities in other states with comparable housing costs