States › Illinois › Riverdale

Is Riverdale, IL expensive to live in?

ExpensiveRent takes 37 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,30725% lower than U.S. average
💵 Families earn per year (2026)$42,960about $3,580/month · 51% lower than U.S. average
🔑 House price$113,80066% lower than U.S. average

Rent is lower than in 69% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 33.9 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $52,280 a year. That is $25 an hour at a full-time job.

Is rent cheaper than other Illinois cities?

Yes. Rent here is cheaper than in most of Illinois. It is number 121 of 334 cities from cheapest to most expensive.

Riverdale
$1,307
Lyons
$1,325
Wood River
$1,297
Highland
$1,106
River Grove
$1,253
Crestwood
$1,449
Winfield
$1,651

How much do households earn in Riverdale?

Under $25k
21.4%
$25k–50k
29.3%
$50k–100k
22.0%
$100k–150k
6.3%
$150k+
2.9%

Share of households by yearly income. 9.2% of households earn $100,000 or more.

Rent by apartment size in Riverdale

SizeRiverdaleU.S. average
1 bedroom$1,034$1,324
2 bedrooms$1,293$1,509
3 bedrooms$1,818$1,698
4 bedrooms$2,281$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Riverdale overall?

Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).

Housing
94
Goods (food, clothes…)
104
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Riverdale, so the Illinois figure is shown.

Taxes and bills in Riverdale

🏛️ Property tax$3,843a year · 3.38% of home value · U.S. $3,119
⚡ Electric bill$132a month (typical) · U.S. $156

Life in Riverdale

Commute to work33.9 minU.S.: 26.4 min
College degree17%U.S.: 35.7%
Own their home51.5%U.S.: 65.2%
Below poverty line41.5%U.S.: 12.5%
Unemployment16.1%U.S.: 5.2%

Is it cheaper to rent or buy in Riverdale?

Buying is cheaper month to month: about $517 a month less than renting.

Renting
$1,307
Owning
$790

Owning assumes a typical $113,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $11,380 for the down payment.

Frequently asked questions

What is the average rent in Riverdale, IL?

Renting in Riverdale costs a median of about $1,307 a month in 2026, including utilities. The Illinois median is $1,517.

How much do I need to make to live in Riverdale?

To keep rent under 30% of income, you need about $52,280 a year, or $25 an hour at a full-time job.

Is Riverdale cheap or expensive?

Riverdale is rated Expensive: rent takes 36.5% of the typical household income of $42,960. It ranks 121st cheapest of 334 Illinois cities we track.

How much are property taxes in Riverdale?

The median homeowner in Riverdale pays $3,843 a year in property taxes, about 3.38% of the median home value.

Is Riverdale more expensive than the national average?

Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Riverdale?

The median home value in Riverdale is $113,800, about 2.6 times the typical yearly household income.

10,340 people live in Riverdale. Numbers are typical (middle) values.