River Ridge, FL Cost Of Living
Cost Of Living In River Ridge, FL Summary
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 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 River Ridge is 97, with 100 being the average.
The cost of living index in River Ridge is 1.0x lower than the national average.
River Ridge ranks as the #203 cheapest in Florida out of 459.
River Ridge ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in River Ridge is $204,400.
The median income in River Ridge is $80,438.
Table Of Contents
River Ridge's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in River Ridge, FL?
According to the most recent data on the cost of living, River Ridge has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Florida, River Ridge has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in River Ridge ranks as #203 most affordable out of the 459 places we measured in Florida. By definition, that implies River Ridge ranks as the #256 most expensive place in the Sunshine State.
For more reading on life in River Ridge, check out:
- Living In River Ridge
- Search Homes For Sale In River Ridge, FL
In Florida
In America
River Ridge Cost Of Living Vs. Florida
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 97.
The Groceries index in River Ridge is 104.
The Health index in River Ridge is 96.
The Housing index in River Ridge is 93.
The Transportation index in River Ridge is 99.
The Utilities index in River Ridge is 103.
| Living Expense | River Ridge | Florida | National Average | |
|---|---|---|---|---|
| Overall | 97 | 101 | 100 | |
| Services | 97 | 98 | 100 | |
| Groceries | 104 | 101 | 100 | |
| Health | 96 | 96 | 100 | |
| Housing | 93 | 108 | 100 | |
| Transportation | 99 | 98 | 100 | |
| Utilities | 103 | 100 | 100 | |
River Ridge, 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 River Ridge is $204,400.
The Median Rent in River Ridge is $1,635.
The Median Income in River Ridge is $80,438.
The Home Value To Income in River Ridge is 2.5x.
The Rent To Monthly Income in River Ridge is 0.24x.
| Statistic | River Ridge | Florida | United States |
|---|---|---|---|
| Median Home Value | $204,400 | $248,700 | $244,900 |
| Median Rent | $1,635 | $1,301 | $1,163 |
| Median Income | $80,438 | $61,777 | $69,021 |
| Home Value To Income | 2.5x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
River Ridge, FL Costs By Category
Detailed River Ridge Services Costs Vs. Florida
| Item | River Ridge | Florida |
|---|---|---|
| Shampoo | $1.04 | $1.06 |
| Movie | $12.72 | $10.68 |
| Bowling | $16.33 | $14.67 |
| Haircut | $15.08 | $18.62 |
| Beauty Salon | $37.26 | $39.05 |
Detailed River Ridge Groceries Costs Vs. Florida
| Item | River Ridge | Florida |
|---|---|---|
| Ground Beef | $5.29 | $4.22 |
| Fried Chicken | $1.74 | $1.39 |
| Milk | $2.66 | $2.05 |
| Potatoes | $3.51 | $3.29 |
| Pizza | $10.25 | $10.62 |
| Beer | $10.69 | $9.38 |
| Toothpaste | $2.82 | $2.34 |
Detailed River Ridge Health Costs Vs. Florida
| Item | River Ridge | Florida |
|---|---|---|
| Optometrist | $99.12 | $108.57 |
| Doctor | $99.22 | $116.17 |
| Dentist | $105.57 | $99.13 |
Detailed River Ridge Transportation Costs Vs. Florida
| Item | River Ridge | Florida |
|---|---|---|
| Gasoline | $2.11 | $2.22 |
| Tire Balancing | $55.26 | $50.07 |
Detailed River Ridge Utilities Costs Vs. Florida
| Item | River Ridge | Florida |
|---|---|---|
| All Electricity | $165.98 | $167.67 |
| Phone | $189.52 | $175.64 |
River Ridge SnackAbility
/10
Cost Of Living In Cities Around River Ridge
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:
Palm Harbor, FL has a cost of living index of 100, 1.0x River Ridge.
Carrollwood, FL has a cost of living index of 100, 1.0x River Ridge.
Citrus Park, FL has a cost of living index of 101, 1.0x River Ridge.
| City | Population | Cost Of Living | Vs. River Ridge |
|---|---|---|---|
| Palm Harbor, FL | 60,682 | 100 | 1.0x |
| Carrollwood, FL | 35,846 | 100 | 1.0x |
| Citrus Park, FL | 27,440 | 101 | 1.0x |
| Keystone, FL | 25,397 | 125 | 1.3x |
| Bayonet Point, FL | 25,200 | 86 | 0.9x |
| Northdale, FL | 24,924 | 102 | 1.1x |
| Westchase, FL | 24,185 | 117 | 1.2x |
| Lutz, FL | 23,827 | 104 | 1.1x |
| Jasmine Estates, FL | 23,334 | 85 | 0.9x |
| Trinity, FL | 18,191 | 116 | 1.2x |
