Cost of Living in Riverside, NY
Population 3,538 · New York · Data vintage 2023
(100 = US avg)
Household incomes in Riverside run well below national norms — a median of $41,397 versus the $74,580 US figure. Housing costs and rents do not fully compensate for the earnings difference. A poverty rate near 26% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.
Located 30 miles southeast of New Haven, Riverside falls within that metro's commuting orbit. New Haven's typical home runs $249,000 for context.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Riverside
Median rent runs $2,612/month, 99% higher than the national median of $1,314/month. The median household income of $41,397/year is 44% lower than the US median of $74,580. The local unemployment rate is 16.4%, above the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 60.0°F and lows of 40.4°F. Overall, Riverside has a cost of living index of 199 versus the US average of 100, meaning it is 99% 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 | 39 | 40 | 47 | 57 | 66 | 75 | 81 | 80 | 74 | 63 | 53 | 45 |
| Low °F | 20 | 21 | 28 | 36 | 46 | 56 | 63 | 61 | 54 | 43 | 34 | 26 |
| Precip" | 3.19 | 2.72 | 4.28 | 3.79 | 3.31 | 3.50 | 2.88 | 3.74 | 3.75 | 4.65 | 3.48 | 4.17 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Riverside, NY?
Riverside has a cost index of 199 (100 = national average). It is 99% above the national average.
What is average rent in Riverside, NY?
The median gross rent in Riverside is $2,612 per month based on 2023 Census data.
What is the median income in Riverside?
The median household income in Riverside is $41,397 per year (2023 ACS 5-year estimates).
What is the sales tax in Riverside, NY?
The combined state and local sales tax rate in Riverside is 8.5%. The New York state income tax top rate is 10.9%.
Is Riverside, NY affordable?
Riverside is above average in cost of living, with an index of 199 — about 99% higher than the national average.
What is the weather like in Riverside?
Riverside has average high temperatures of 60.0°F and average lows of 40.4°F. Annual precipitation is 43.5". Data from NOAA 1991–2020 Climate Normals.
Riverside at a Glance
- Population
- 3,538
- Median Income
- $41,397
- Median Rent
- $2,612/mo
- Unemployment
- 16.4%
- Avg High Temp
- 60.0°F
- Sales Tax
- 8.5%
Nearby Cities
Explore county-level cost of living data