What Salary Do You Need to Live in Riverside, CA?
To live comfortably in Riverside, a household needs to earn roughly $90,000/year. That's about $7,500/month before taxes.
The Number: $90,000/year
At $90,000 per year, a household in Riverside can afford median-priced rental housing at roughly 28% of gross income.
This is based on Riverside's median monthly rent of $2,060 and the 28% housing guideline. Source: Census ACS 2024.
Riverside at a Glance
Sources: Census ACS 2024, Tax Foundation.
For Single Residents
A single person can live comfortably in Riverside on roughly $60,000/year. That's about $5,000/month before taxes.
Salary Questions About Riverside
The median monthly rent is $2,060. Using the 30% guideline, you need about $82,000/year to afford this comfortably.
The median home price is $616,400. With a 20% down payment, you would need roughly $123,280 saved and a household income to support the mortgage payments.
The median household income is $90,004/year. Our recommended salary of $90,000/year is near the median, reflecting a comfortable (not extravagant) standard of living.