Cost of Living: Monrovia, CA vs Riverside, CA

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $3,974/mo in Monrovia, CA versus $3,974/mo in Riverside, CA. In the model, rent is about 29.28% of gross in Monrovia, CA versus 26.4% in Riverside, CA, so Riverside, CA tends to feel more affordable for rent.

Take-home in Monrovia, CA
$3,974/mo
Income level: below
Take-home in Riverside, CA
$3,974/mo
Income level: below
Rent share (1BR) in Monrovia, CA
29.28%
COLI tier: mid-range
Rent share (1BR) in Riverside, CA
26.4%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Monrovia, CA and Riverside, CA.

At a glance

  • Cheaper overall (lower cost-of-living index): Riverside, CA
  • Lower rent (median 1BR/2BR): Riverside, CA
  • Lower home prices: Riverside, CA
  • Higher median household income: Monrovia, CA

Cost of Living Index

Monrovia, CA: 100 (U.S. = 100) · Riverside, CA: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Monrovia, CA: $1,909/mo (midpoint of 1BR/2BR) · Riverside, CA: $1,722/mo

Median rent in Monrovia, CA is $187/mo higher than in Riverside, CA.

Median Home Price

Monrovia, CA: $891,700 · Riverside, CA: $542,100

Median home price in Monrovia, CA is $349,600 higher than in Riverside, CA.

Median Household Income

Monrovia, CA: $97,083 · Riverside, CA: $88,575

Monrovia, CA has a higher median household income than Riverside, CA by $8,508.

Monrovia, CA overview · Riverside, CA overview · Popular comparisons