Cost of living in Riviera Beach 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 Riviera Beach 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 Riviera Beach is 97, with 100 being the average.
The cost of living index in Riviera Beach is 1.0x lower than the national average.
Riviera Beach ranks as the #203 cheapest in Florida out of 459.
Riviera Beach ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Riviera Beach is $237,600.
The median income in Riviera Beach is $51,118.
According to the most recent data on the cost of living, Riviera Beach has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Florida, Riviera Beach has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Riviera Beach ranks as #203 most affordable out of the 459 places we measured in Florida. By definition, that implies Riviera Beach ranks as the #256 most expensive place in the Sunshine State.
For more reading on life in Riviera Beach, check out:
Six factors go into calculating the cost of living index in Riviera Beach. Here is how it fairs on each of the criteria:
The Services index in Riviera Beach is 100.
The Groceries index in Riviera Beach is 116.
The Health index in Riviera Beach is 102.
The Housing index in Riviera Beach is 88.
The Transportation index in Riviera Beach is 110.
The Utilities index in Riviera Beach is 98.
Living Expense | Riviera Beach | Florida | National Average | |
---|---|---|---|---|
Overall | 97 | 101 | 100 | |
Services | 100 | 98 | 100 | |
Groceries | 116 | 101 | 100 | |
Health | 102 | 96 | 100 | |
Housing | 88 | 108 | 100 | |
Transportation | 110 | 98 | 100 | |
Utilities | 98 | 100 | 100 |
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 Riviera Beach is $237,600.
The Median Rent in Riviera Beach is $1,275.
The Median Income in Riviera Beach is $51,118.
The Home Value To Income in Riviera Beach is 4.6x.
The Rent To Monthly Income in Riviera Beach is 0.3x.
Statistic | Riviera Beach | Florida | United States |
---|---|---|---|
Median Home Value | $237,600 | $248,700 | $244,900 |
Median Rent | $1,275 | $1,301 | $1,163 |
Median Income | $51,118 | $61,777 | $69,021 |
Home Value To Income | 4.6x | 4.0x | 3.5x |
Rent To Monthly Income | 0.3x | 0.25x | 0.2x |
Item | Riviera Beach | Florida |
---|---|---|
Shampoo | $1.07 | $1.06 |
Movie | $11.82 | $10.68 |
Bowling | $20.88 | $14.67 |
Haircut | $14.47 | $18.62 |
Beauty Salon | $65.03 | $39.05 |
Item | Riviera Beach | Florida |
---|---|---|
Ground Beef | $4.66 | $4.22 |
Fried Chicken | $1.62 | $1.39 |
Milk | $2.96 | $2.05 |
Potatoes | $4.99 | $3.29 |
Pizza | $8.99 | $10.62 |
Beer | $10.84 | $9.38 |
Toothpaste | $2.04 | $2.34 |
Item | Riviera Beach | Florida |
---|---|---|
Optometrist | $135.56 | $108.57 |
Doctor | $102.25 | $116.17 |
Dentist | $106.04 | $99.13 |
Item | Riviera Beach | Florida |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $63.76 | $50.07 |
Item | Riviera Beach | Florida |
---|---|---|
All Electricity | $162.2 | $167.67 |
Phone | $188.17 | $175.64 |
The cost of living varies in the cities and towns around Riviera Beach. Here's a quick look at the cost of living in the most populous nearby places:
West Palm Beach, FL has a cost of living index of 107, 1.1x Riviera Beach.
Boynton Beach, FL has a cost of living index of 102, 1.1x Riviera Beach.
Wellington, FL has a cost of living index of 125, 1.3x Riviera Beach.
City | Population | Cost Of Living | Vs. Riviera Beach |
---|---|---|---|
West Palm Beach, FL | 115,877 | 107 | 1.1x |
Boynton Beach, FL | 79,479 | 102 | 1.1x |
Wellington, FL | 61,445 | 125 | 1.3x |
Jupiter, FL | 60,629 | 123 | 1.3x |
Palm Beach Gardens, FL | 58,482 | 122 | 1.3x |
Greenacres, FL | 43,482 | 98 | 1.0x |
The Acreage, FL | 40,771 | 115 | 1.2x |
Royal Palm Beach, FL | 38,697 | 112 | 1.2x |
Jupiter Farms, FL | 13,437 | 126 | 1.3x |
North Palm Beach, FL | 13,096 | 116 | 1.2x |