Riverview, FL Cost Of Living
Cost Of Living In Riverview, FL Summary
Cost of living in Riverview 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 Riverview is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, 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 Riverview is 101, with 100 being the average.
The cost of living index in Riverview is 1.0x higher than the national average.
Riverview ranks as the #268 cheapest in Florida out of 459.
Riverview ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Riverview is $247,300.
The median income in Riverview is $79,213.
Table Of Contents
Riverview's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Riverview, FL?
According to the most recent data on the cost of living, Riverview has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Florida, Riverview has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Riverview ranks as #268 most affordable out of the 459 places we measured in Florida. By definition, that implies Riverview ranks as the #191 most expensive place in the Sunshine State.
For more reading on life in Riverview, check out:
- Living In Riverview
- Search Homes For Sale In Riverview, FL
In Florida
In America
Riverview Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Riverview. Here is how it fairs on each of the criteria:
The Services index in Riverview is 100.
The Groceries index in Riverview is 103.
The Health index in Riverview is 97.
The Housing index in Riverview is 104.
The Transportation index in Riverview is 100.
The Utilities index in Riverview is 102.
| Living Expense | Riverview | Florida | National Average | |
|---|---|---|---|---|
| Overall | 101 | 101 | 100 | |
| Services | 100 | 98 | 100 | |
| Groceries | 103 | 101 | 100 | |
| Health | 97 | 96 | 100 | |
| Housing | 104 | 108 | 100 | |
| Transportation | 100 | 98 | 100 | |
| Utilities | 102 | 100 | 100 | |
Riverview, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, 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 Riverview is $247,300.
The Median Rent in Riverview is $1,617.
The Median Income in Riverview is $79,213.
The Home Value To Income in Riverview is 3.1x.
The Rent To Monthly Income in Riverview is 0.24x.
| Statistic | Riverview | Florida | United States |
|---|---|---|---|
| Median Home Value | $247,300 | $248,700 | $244,900 |
| Median Rent | $1,617 | $1,301 | $1,163 |
| Median Income | $79,213 | $61,777 | $69,021 |
| Home Value To Income | 3.1x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Riverview, FL Costs By Category
Detailed Riverview Services Costs Vs. Florida
Detailed Riverview Groceries Costs Vs. Florida
Detailed Riverview Health Costs Vs. Florida
Detailed Riverview Transportation Costs Vs. Florida
Detailed Riverview Utilities Costs Vs. Florida
Riverview SnackAbility
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Cost Of Living In Cities Around Riverview
The cost of living varies in the cities and towns around Riverview. Here's a quick look at the cost of living in the most populous nearby places:
Tampa, FL has a cost of living index of 99, 1.0x Riverview.
Brandon, FL has a cost of living index of 99, 1.0x Riverview.
Valrico, FL has a cost of living index of 106, 1.0x Riverview.
| City | Population | Cost Of Living | Vs. Riverview |
|---|---|---|---|
| Tampa, FL | 380,476 | 99 | 1.0x |
| Brandon, FL | 115,330 | 99 | 1.0x |
| Valrico, FL | 39,632 | 106 | 1.0x |
| Egypt Lake-Leto, FL | 36,157 | 94 | 0.9x |
| Temple Terrace, FL | 26,585 | 99 | 1.0x |
| Palm River-Clair Mel, FL | 25,492 | 90 | 0.9x |
| Bloomingdale, FL | 25,042 | 105 | 1.0x |
| Apollo Beach, FL | 24,790 | 107 | 1.1x |
| Fish Hawk, FL | 24,463 | 122 | 1.2x |
| Gibsonton, FL | 18,242 | 95 | 0.9x |
