Cost of Living in Riverside, IA
Housing
The housing market plays a significant role in determining the cost of living in Riverside, IA.
- Housing Index: 94.2 / 100
- Median Home Price is: $200,000
- Average Rent (2 BR Apartment): $1132 per month
- Average Rent (2 BR House): $1230 per month
Based on the data for Riverside, IA, the current housing conditions show a median home price of 200000 and a concerning housing index of 94.2. While the absence of rental statistics suggests potential market instability, the affordable home price may attract buyers seeking value. However, it's crucial for prospective residents to aim for diverse housing options; higher housing indices generally indicate market health. Researching local amenities and job opportunities will further support informed decision-making about relocation to Riverside.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Riverside, IA.
- Electricity Price: $14.82 USD (median by state)
- Natural Gas Price: $15.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $221 per month
Living in Riverside, IA could entail higher utility costs. Electricity costs sit at $14.82, while natural gas is priced at $15.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $221 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Riverside is a financially viable option for your relocation.