Cost of Living in Riva, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
219.4
100 = national avg
+119.4 vs national average
Living Wage (1 Adult)
$96,543
per year
Living Wage (Family of 4)
$228,191
per year
Cost Index by Category
Housing255.5
Food169.5
Transportation239.1
Healthcare155.6
Utilities172.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,511
per month
2 Bedroom
$1,857
per month
The overall cost of living index in Riva is 219.4, which is 119.4% above the national average. Housing costs are above the national average at an index of 255.5. A single adult needs to earn approximately $96,543 per year to cover basic expenses.