Cost of living in River Ridge 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 River Ridge is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Louisiana, 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 River Ridge is 106, with 100 being the average.
The cost of living index in River Ridge is 1.1x higher than the national average.
River Ridge ranks as the #103 cheapest in Louisiana out of 109.
River Ridge ranks as the #3,772 cheapest out of 6,412 in the US.
The median home value in River Ridge is $278,700.
The median income in River Ridge is $78,003.
According to the most recent data on the cost of living, River Ridge has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Louisiana, River Ridge has a cost of living index that's 1.2x higher than Louisiana's index of 92.
The standard of living in River Ridge ranks as #103 most affordable out of the 109 places we measured in Louisiana. By definition, that implies River Ridge ranks as the #6 most expensive place in the Pelican State.
For more reading on life in River Ridge, check out:
Six factors go into calculating the cost of living index in River Ridge. Here is how it fairs on each of the criteria:
The Services index in River Ridge is 106.
The Groceries index in River Ridge is 100.
The Health index in River Ridge is 118.
The Housing index in River Ridge is 120.
The Transportation index in River Ridge is 99.
The Utilities index in River Ridge is 74.
Living Expense | River Ridge | Louisiana | National Average | |
---|---|---|---|---|
Overall | 106 | 92 | 100 | |
Services | 106 | 96 | 100 | |
Groceries | 100 | 96 | 100 | |
Health | 118 | 99 | 100 | |
Housing | 120 | 83 | 100 | |
Transportation | 99 | 96 | 100 | |
Utilities | 74 | 86 | 100 |
Housing swings affordability the most between places in Louisiana, 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 River Ridge is $278,700.
The Median Rent in River Ridge is $961.
The Median Income in River Ridge is $78,003.
The Home Value To Income in River Ridge is 3.6x.
The Rent To Monthly Income in River Ridge is 0.15x.
Statistic | River Ridge | Louisiana | United States |
---|---|---|---|
Median Home Value | $278,700 | $174,000 | $244,900 |
Median Rent | $961 | $923 | $1,163 |
Median Income | $78,003 | $53,571 | $69,021 |
Home Value To Income | 3.6x | 3.2x | 3.5x |
Rent To Monthly Income | 0.15x | 0.21x | 0.2x |
Item | River Ridge | Louisiana |
---|---|---|
Shampoo | $0.96 | $1.06 |
Movie | $12.65 | $10.68 |
Bowling | $18.17 | $14.67 |
Haircut | $19.78 | $18.62 |
Beauty Salon | $48.89 | $39.05 |
Item | River Ridge | Louisiana |
---|---|---|
Ground Beef | $4.28 | $4.22 |
Fried Chicken | $1.21 | $1.39 |
Milk | $2.3 | $2.05 |
Potatoes | $2.94 | $3.29 |
Pizza | $8.99 | $10.62 |
Beer | $9.59 | $9.38 |
Toothpaste | $2.26 | $2.34 |
Item | River Ridge | Louisiana |
---|---|---|
Optometrist | $94.77 | $108.57 |
Doctor | $156.11 | $116.17 |
Dentist | $111.89 | $99.13 |
Item | River Ridge | Louisiana |
---|---|---|
Gasoline | $2.02 | $2.22 |
Tire Balancing | $55.86 | $50.07 |
Item | River Ridge | Louisiana |
---|---|---|
All Electricity | $97.27 | $167.67 |
Phone | $180.18 | $175.64 |
The cost of living varies in the cities and towns around River Ridge. Here's a quick look at the cost of living in the most populous nearby places:
New Orleans, LA has a cost of living index of 100, 0.9x River Ridge.
Metairie, LA has a cost of living index of 102, 1.0x River Ridge.
Kenner, LA has a cost of living index of 99, 0.9x River Ridge.
City | Population | Cost Of Living | Vs. River Ridge |
---|---|---|---|
New Orleans, LA | 383,974 | 100 | 0.9x |
Metairie, LA | 140,590 | 102 | 1.0x |
Kenner, LA | 66,411 | 99 | 0.9x |
Marrero, LA | 31,928 | 90 | 0.8x |
Chalmette, LA | 21,981 | 94 | 0.9x |
Harvey, LA | 20,942 | 92 | 0.9x |
Gretna, LA | 17,836 | 97 | 0.9x |
Estelle, LA | 17,650 | 96 | 0.9x |
Waggaman, LA | 11,161 | 91 | 0.9x |
Jefferson, LA | 10,500 | 99 | 0.9x |