Cost of Living in Riverside, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
149.1
100 = national avg
+49.1 vs national average
Living Wage (1 Adult)
$65,599
per year
Living Wage (Family of 4)
$155,051
per year
Cost Index by Category
Housing164.9
Food128.2
Transportation156.3
Healthcare122.5
Utilities129.9
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 Riverside is 149.1, which is 49.1% above the national average. Housing costs are above the national average at an index of 164.9. A single adult needs to earn approximately $65,599 per year to cover basic expenses.