Cost of Living in Riverside, CA
Population: 316,241 • 2026 Data
$88,575
Median Household Income
+14% vs national
$1,812
Median Monthly Rent
+34% vs national
$542,100
Median Home Value
+60% vs national
6.0%
Unemployment Rate
Housing in Riverside
The median home value in Riverside, CA is $542,100. Monthly rent for a typical unit averages $1,812, while total monthly housing costs (including utilities and insurance) average $1,880.
Rent-to-income ratio: 24.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Riverside, CA is $88,575. The unemployment rate stands at 6.0%, with a labor force of 162,198 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.