Cost of Living in Riverside, OH

Population 24,432 · Ohio · Data vintage 2023

58
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Riverside a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $139,000.

Located <5 miles east of Dayton, Riverside falls within that metro's commuting orbit. Median home values run roughly 49% higher than Dayton's $93,000.

Cost Overview

Housing 46
Rent 77

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

About the Cost of Living in Riverside

The median home value in Riverside is $139,100 — 54% below the national median of $305,000. Median rent runs $1,015/month, 23% lower than the national median of $1,314/month. The median household income of $59,271/year is 21% lower than the US median of $74,580. The local unemployment rate is 5.7%, above the national average of 4.8%. Ohio's top state income tax rate is 3.8% and the combined sales tax is 7.2%. The climate averages highs of 63.4°F and lows of 44.5°F, with about 25" of annual snowfall. Overall, Riverside has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.

🏠 Housing

Median Home Value
$139,100
54% below avg
Zillow Home Value
$167,213
Zillow ZHVI
Median Rent
$1,015/mo
23% below avg
Zillow Rent
$1,423/mo
Zillow ZORI
Price-to-Rent Ratio
11.4x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$686
1 BR
$748
2 BR
$929
3 BR
$1,199
4 BR
$1,374
Owner-occupied 55.3%
Renter-occupied 44.7%

💰 Estimated Monthly Budget

Rent median rent
$1,015
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,629/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
21.5 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.0%

Commute Mode

Drove alone
79.9%
Carpooled
9.3%
Public transit
0.2%
Walked
1.1%
Bicycle
0.1%
Work from home
9.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 3.8%
Total Sales Tax 7.2%
State rate 5.8%
Avg local rate 1.4%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$59,271
21% below avg
Per Capita Income
$32,303
Unemployment Rate
5.7%
17% above avg
Poverty Rate
16.6%
Labor Force Participation
66.5%

🎓 Education

Bachelor's degree+ 13.4%
Graduate degree 8.3%

👥 Demographics

Median Age 35.3
Male median age 32.6
Female median age 37.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.4°F
Avg Low
44.5°F
Annual Precip
41.3"
Annual Snowfall
25"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 374152657483868579665342
Low °F 222533435463666457463527
Precip" 3.082.353.504.464.514.143.952.963.312.953.073.05
Snow" 8.36.63.90.40.00.00.00.00.00.20.84.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
49.9%
Good air days/yr
196
Max AQI recorded
246
PM2.5 days
116
Ozone days

Frequently Asked Questions

What is the cost of living in Riverside, OH?

Riverside has a cost index of 58 (100 = national average). It is 42% below the national average.

What is average rent in Riverside, OH?

The median gross rent in Riverside is $1,015 per month based on 2023 Census data.

What is the average home price in Riverside?

The median home value in Riverside is $139,100 according to Zillow and Census data.

What is the median income in Riverside?

The median household income in Riverside is $59,271 per year (2023 ACS 5-year estimates).

What is the sales tax in Riverside, OH?

The combined state and local sales tax rate in Riverside is 7.2%. The Ohio state income tax top rate is 3.8%.

Is Riverside, OH affordable?

Yes, Riverside is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.

What is the weather like in Riverside?

Riverside has average high temperatures of 63.4°F and average lows of 44.5°F. Annual precipitation is 41.3". Average annual snowfall is 25". Data from NOAA 1991–2020 Climate Normals.

Riverside at a Glance

Population
24,432
Median Income
$59,271
Home Value
$139,100
Median Rent
$1,015/mo
Unemployment
5.7%
Avg High Temp
63.4°F
Sales Tax
7.2%
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🗺️ County data for Ohio

Explore county-level cost of living data

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