Cost of Living in Riverside, MO

Population 4,153 · Missouri · Data vintage 2023

90
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Riverside sits on the smaller end of the Missouri city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 6.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 5 miles northwest of Kansas City, Riverside falls within that metro's commuting orbit. Median home values run roughly 39% higher than Kansas City's $227,000.

Cost Overview

Housing 103
Rent 70

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

About the Cost of Living in Riverside

The median home value in Riverside is $314,600 — 3% above the national median of $305,000. Median rent runs $917/month, 30% lower than the national median of $1,314/month. The median household income of $50,882/year is 32% lower than the US median of $74,580. The local unemployment rate is 6.2%, above the national average of 4.8%. Missouri's top state income tax rate is 5.0% and the combined sales tax is 8.4%. The climate averages highs of 66.4°F and lows of 47.5°F, with about 11" of annual snowfall. Overall, Riverside has a cost of living index of 90 versus the US average of 100, meaning it is 10% less expensive.

🏠 Housing

Median Home Value
$314,600
3% above avg
Zillow Home Value
$284,928
Zillow ZHVI
Median Rent
$917/mo
30% below avg
Zillow Rent
$1,693/mo
Zillow ZORI
Price-to-Rent Ratio
28.6x
Favors renting
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$623
1 BR
$668
2 BR
$826
3 BR
$1,142
4 BR
$1,311
Owner-occupied 42.5%
Renter-occupied 57.5%

💰 Estimated Monthly Budget

Rent median rent
$917
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,531/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
20.4 min
24% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.4%

Commute Mode

Drove alone
66.1%
Carpooled
9.8%
Bicycle
0.1%
Work from home
21.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.0%
Total Sales Tax 8.4%
State rate 4.2%
Avg local rate 4.1%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$50,882
32% below avg
Per Capita Income
$36,285
Unemployment Rate
6.2%
28% above avg
Poverty Rate
21.1%
Labor Force Participation
64.6%

🎓 Education

Bachelor's degree+ 27.0%
Graduate degree 12.5%

👥 Demographics

Median Age 34.2
Male median age 33
Female median age 39.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
66.4°F
Avg Low
47.5°F
Annual Precip
38.1"
Annual Snowfall
11"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404557677686908980685544
Low °F 222636465767727061493627
Precip" 1.021.532.083.895.105.334.384.683.783.241.801.30
Snow" 3.43.20.40.10.00.00.00.00.00.30.13.5

Frequently Asked Questions

What is the cost of living in Riverside, MO?

Riverside has a cost index of 90 (100 = national average). It is 10% below the national average.

What is average rent in Riverside, MO?

The median gross rent in Riverside is $917 per month based on 2023 Census data.

What is the average home price in Riverside?

The median home value in Riverside is $314,600 according to Zillow and Census data.

What is the median income in Riverside?

The median household income in Riverside is $50,882 per year (2023 ACS 5-year estimates).

What is the sales tax in Riverside, MO?

The combined state and local sales tax rate in Riverside is 8.4%. The Missouri state income tax top rate is 5.0%.

Is Riverside, MO affordable?

Riverside is near the national average in terms of cost of living, with an index of 90 (100 = US average).

What is the weather like in Riverside?

Riverside has average high temperatures of 66.4°F and average lows of 47.5°F. Annual precipitation is 38.1". Average annual snowfall is 11". Data from NOAA 1991–2020 Climate Normals.

Riverside at a Glance

Population
4,153
Median Income
$50,882
Home Value
$314,600
Median Rent
$917/mo
Unemployment
6.2%
Avg High Temp
66.4°F
Sales Tax
8.4%
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🗺️ County data for Missouri

Explore county-level cost of living data

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