Cost of Living in Riverside, MD
Population 6,149 · Maryland · Data vintage 2023
(100 = US avg)
Riverside is a smaller Maryland community of around 6000 residents, where median household incomes of $102,262 and housing costs ($237,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 1.2% — below most comparable cities in the state.
Located 25 miles northeast of Baltimore, Riverside falls within that metro's commuting orbit. Median home values run roughly 8% higher than Baltimore's $219,000.
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 $237,300 — 22% below the national median of $305,000. Median rent runs $1,805/month, 37% higher than the national median of $1,314/month. The median household income of $102,262/year is 37% higher than the US median of $74,580. The local unemployment rate is 1.2%, 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%. The climate averages highs of 64.6°F and lows of 45.8°F. Overall, Riverside has a cost of living index of 102 versus the US average of 100, meaning it is 2% 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 42 | 44 | 53 | 65 | 73 | 82 | 86 | 84 | 78 | 67 | 56 | 46 |
| Low °F | 25 | 27 | 33 | 43 | 53 | 62 | 68 | 66 | 59 | 47 | 37 | 30 |
| Precip" | 3.26 | 2.78 | 4.10 | 3.49 | 3.98 | 4.28 | 4.84 | 4.21 | 4.84 | 4.17 | 3.27 | 3.89 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Riverside, MD?
Riverside has a cost index of 102 (100 = national average). It is 2% above the national average.
What is average rent in Riverside, MD?
The median gross rent in Riverside is $1,805 per month based on 2023 Census data.
What is the average home price in Riverside?
The median home value in Riverside is $237,300 according to 2023 Census ACS data.
What is the median income in Riverside?
The median household income in Riverside is $102,262 per year (2023 ACS 5-year estimates).
What is the sales tax in Riverside, MD?
The combined state and local sales tax rate in Riverside is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Riverside, MD affordable?
Riverside is near the national average in terms of cost of living, with an index of 102 (100 = US average).
What is the weather like in Riverside?
Riverside has average high temperatures of 64.6°F and average lows of 45.8°F. Annual precipitation is 47.1". Data from NOAA 1991–2020 Climate Normals.
Riverside at a Glance
- Population
- 6,149
- Median Income
- $102,262
- Home Value
- $237,300
- Median Rent
- $1,805/mo
- Unemployment
- 1.2%
- Avg High Temp
- 64.6°F
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
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