Cost of Living in Riverdale Park, MD

Population 7,249 · Maryland · Data vintage 2023

139

Cost Index
(100 = US avg)

Page updated: April 2026 · Data vintage: 2023 ACS 5-Year

Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Riverdale Park is a smaller Maryland community of around 7000 residents, where median household incomes of $104,583 and housing costs ($447,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 2.5% points to a labor market well on the tight side of the national distribution.

Geographically, Riverdale Park sits roughly 6 miles northeast of Washington. Median home values run roughly 38% lower than Washington's $725,000.

Cost Overview

Housing 147

Rent 127

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

About the Cost of Living in Riverdale Park

The median home value in Riverdale Park is $447,000 — 47% above the national median of $305,000. Median rent runs $1,668/month, 27% higher than the national median of $1,314/month. The median household income of $104,583/year is 40% higher than the US median of $74,580. The local unemployment rate is 2.5%, below the national average of 4.8%. Maryland's top state income tax rate is 5.8% and the combined sales tax is 6.0%. Overall, Riverdale Park has a cost of living index of 139 versus the US average of 100, meaning it is 39% more expensive.

📍

Riverdale Park 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:

East Riverdale, MD

Median home: $346,700

Rent: $1,649/mo

Income: $82,401

Hyattsville, MD

Median home: $463,500

Rent: $1,831/mo

Income: $94,231

College Park, MD

Median home: $429,000

Rent: $1,846/mo

Income: $74,867

New Carrollton, MD

Median home: $378,300

Rent: $1,745/mo

Income: $80,292

Chillum, MD

Median home: $383,900

Rent: $1,733/mo

Income: $78,513

🏠 Housing

Median Home Value

$447,000

47% above avg

Median Rent

$1,668/mo

27% above avg

Price-to-Rent Ratio

22.3x

Favors renting

Property Tax Rate

1.1%

Effective rate

HUD Fair Market Rents by Bedroom

Studio

$1,407

1 BR

$1,604

2 BR

$1,898

3 BR

$2,407

4 BR

$2,822

Owner-occupied 49.5%

Renter-occupied 50.5%

💰 Estimated Monthly Budget

Rent median rent

$1,668

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $2,282/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

35.7 min

32% above avg

Gas Price

$3.145/gal

0% below avg

Work From Home

21.1%

Commute Mode

Drove alone

50.4%

Carpooled

11.5%

Public transit

6.8%

Walked

1.7%

Bicycle

2.1%

Work from home

21.1%

⚡ Utilities

Electricity

$0.176/kWh

0% below avg

📋 Taxes

State Income Tax 5.8%

Total Sales Tax 6.0%

State rate 6.0%

Avg local rate 0.0%

Property Tax 1.1%

💼 Income & Employment

Median Household Income

$104,583

40% above avg

Per Capita Income

$40,692

Unemployment Rate

2.5%

48% below avg

Poverty Rate

13.7%

Labor Force Participation

67.4%

🎓 Education

Bachelor's degree+ 15.3%

Graduate degree 15.0%

👥 Demographics

Median Age 38.5

Male median age 39.5

Female median age 36.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good

69.3%

Good air days/yr

192

Max AQI recorded

138

PM2.5 days

226

Ozone days

Frequently Asked Questions

What is the cost of living in Riverdale Park, MD?

Riverdale Park has a cost index of 139 (100 = national average). It is 39% above the national average.

What is average rent in Riverdale Park, MD?

The median gross rent in Riverdale Park is $1,668 per month based on 2023 Census data.

What is the average home price in Riverdale Park?

The median home value in Riverdale Park is $447,000 according to 2023 Census ACS data.

What is the median income in Riverdale Park?

The median household income in Riverdale Park is $104,583 per year (2023 ACS 5-year estimates).

What is the sales tax in Riverdale Park, MD?

The combined state and local sales tax rate in Riverdale Park is 6.0%. The Maryland state income tax top rate is 5.8%.

Is Riverdale Park, MD affordable?

Riverdale Park is above average in cost of living, with an index of 139 — about 39% higher than the national average.

Riverdale Park at a Glance

Population: 7,249
Median Income: $104,583
Home Value: $447,000
Median Rent: $1,668/mo
Unemployment: 2.5%
Sales Tax: 6.0%

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