Riverbank, CA Cost Of Living
Cost Of Living In Riverbank, CA Summary
Cost of living in Riverbank research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Riverbank is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Riverbank is 107, with 100 being the average.
The cost of living index in Riverbank is 1.1x higher than the national average.
Riverbank ranks as the #87 cheapest in California out of 635.
Riverbank ranks as the #3,867 cheapest out of 6,412 in the US.
The median home value in Riverbank is $343,300.
The median income in Riverbank is $75,216.
Table Of Contents
Riverbank's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Riverbank, CA?
According to the most recent data on the cost of living, Riverbank has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to California, Riverbank has a cost of living index that's 0.8x lower than California's index of 139.
The standard of living in Riverbank ranks as #87 most affordable out of the 635 places we measured in California. By definition, that implies Riverbank ranks as the #548 most expensive place in the Golden State.
For more reading on life in Riverbank, check out:
- Living In Riverbank
- Riverbank Crime Report
- Search Homes For Sale In Riverbank, CA
In California
In America
Riverbank Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Riverbank. Here is how it fairs on each of the criteria:
The Services index in Riverbank is 90.
The Groceries index in Riverbank is 106.
The Health index in Riverbank is 112.
The Housing index in Riverbank is 117.
The Transportation index in Riverbank is 109.
The Utilities index in Riverbank is 130.
| Living Expense | Riverbank | California | National Average | |
|---|---|---|---|---|
| Overall | 107 | 139 | 100 | |
| Services | 90 | 110 | 100 | |
| Groceries | 106 | 112 | 100 | |
| Health | 112 | 109 | 100 | |
| Housing | 117 | 204 | 100 | |
| Transportation | 109 | 126 | 100 | |
| Utilities | 130 | 124 | 100 | |
Riverbank, CA Housing Cost Breakdown
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Riverbank is $343,300.
The Median Rent in Riverbank is $1,286.
The Median Income in Riverbank is $75,216.
The Home Value To Income in Riverbank is 4.6x.
The Rent To Monthly Income in Riverbank is 0.21x.
| Statistic | Riverbank | California | United States |
|---|---|---|---|
| Median Home Value | $343,300 | $573,200 | $244,900 |
| Median Rent | $1,286 | $1,698 | $1,163 |
| Median Income | $75,216 | $84,097 | $69,021 |
| Home Value To Income | 4.6x | 6.8x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.24x | 0.2x |
Median Home Value
Median Rent
Median Income
Riverbank, CA Costs By Category
Detailed Riverbank Services Costs Vs. California
| Item | Riverbank | California |
|---|---|---|
| Shampoo | $1.06 | $1.06 |
| Movie | $15.05 | $10.68 |
| Bowling | $18.25 | $14.67 |
| Haircut | $27.5 | $18.62 |
| Beauty Salon | $50.52 | $39.05 |
Detailed Riverbank Groceries Costs Vs. California
| Item | Riverbank | California |
|---|---|---|
| Ground Beef | $4.36 | $4.22 |
| Fried Chicken | $2.03 | $1.39 |
| Milk | $2.27 | $2.05 |
| Potatoes | $3.2 | $3.29 |
| Pizza | $10.74 | $10.62 |
| Beer | $8.99 | $9.38 |
| Toothpaste | $2.52 | $2.34 |
Detailed Riverbank Health Costs Vs. California
| Item | Riverbank | California |
|---|---|---|
| Optometrist | $127.0 | $108.57 |
| Doctor | $148.0 | $116.17 |
| Dentist | $99.6 | $99.13 |
Detailed Riverbank Transportation Costs Vs. California
| Item | Riverbank | California |
|---|---|---|
| Gasoline | $3.24 | $2.22 |
| Tire Balancing | $45.0 | $50.07 |
Detailed Riverbank Utilities Costs Vs. California
| Item | Riverbank | California |
|---|---|---|
| All Electricity | $260.15 | $167.67 |
| Phone | $173.87 | $175.64 |
Riverbank SnackAbility
/10
Cost Of Living In Cities Around Riverbank
The cost of living varies in the cities and towns around Riverbank. Here's a quick look at the cost of living in the most populous nearby places:
Modesto, CA has a cost of living index of 104, 1.0x Riverbank.
Turlock, CA has a cost of living index of 110, 1.0x Riverbank.
Ceres, CA has a cost of living index of 101, 0.9x Riverbank.
| City | Population | Cost Of Living | Vs. Riverbank |
|---|---|---|---|
| Modesto, CA | 217,728 | 104 | 1.0x |
| Turlock, CA | 72,494 | 110 | 1.0x |
| Ceres, CA | 49,132 | 101 | 0.9x |
| Oakdale, CA | 23,016 | 108 | 1.0x |
| Ripon, CA | 15,961 | 125 | 1.2x |
| Salida, CA | 14,690 | 106 | 1.0x |
| Waterford, CA | 9,100 | 100 | 0.9x |
| Escalon, CA | 7,458 | 110 | 1.0x |
| Hughson, CA | 7,425 | 112 | 1.0x |
| Keyes, CA | 5,483 | 92 | 0.9x |
