Ridgefield, CT Cost Of Living
Cost Of Living In Ridgefield, CT Summary
Cost of living in Ridgefield 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 Ridgefield is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Connecticut, 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 Ridgefield is 172, with 100 being the average.
The cost of living index in Ridgefield is 1.7x higher than the national average.
Ridgefield ranks as the #51 cheapest in Connecticut out of 56.
Ridgefield ranks as the #6,101 cheapest out of 6,489 in the US.
The median home value in Ridgefield is $955,558.
The median income in Ridgefield is $143,286.
Table Of Contents
Ridgefield's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Ridgefield, CT?
According to the most recent data on the cost of living, Ridgefield has an overall cost of living index of 172, which is 1.7x higher than the national index of 100.
Compared to Connecticut, Ridgefield has a cost of living index that's 1.4x higher than Connecticut's index of 119.
The standard of living in Ridgefield ranks as #51 most affordable out of the 56 places we measured in Connecticut. By definition, that implies Ridgefield ranks as the #5 most expensive place in the Constitution State.
For more reading on life in Ridgefield, check out:
In Connecticut
In America
Ridgefield Cost Of Living Vs. Connecticut
Six factors go into calculating the cost of living index in Ridgefield. Here is how it fairs on each of the criteria:
The Services index in Ridgefield is 111.
The Groceries index in Ridgefield is 106.
The Health index in Ridgefield is 111.
The Housing index in Ridgefield is 302.
The Transportation index in Ridgefield is 102.
The Utilities index in Ridgefield is 132.
| Living Expense | Ridgefield | Connecticut | National Average | |
|---|---|---|---|---|
| Overall | 172 | 119 | 100 | |
| Services | 111 | 109 | 100 | |
| Groceries | 106 | 100 | 100 | |
| Health | 111 | 110 | 100 | |
| Housing | 302 | 137 | 100 | |
| Transportation | 102 | 101 | 100 | |
| Utilities | 132 | 131 | 100 | |
Ridgefield, CT Housing Cost Breakdown
Housing swings affordability the most between places in Connecticut, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Ridgefield is $955,558.
The Median Rent in Ridgefield is $1,834.
The Median Income in Ridgefield is $143,286.
The Home Value To Income in Ridgefield is 6.7x.
The Rent To Monthly Income in Ridgefield is 0.15x.
| Statistic | Ridgefield | Connecticut | United States |
|---|---|---|---|
| Median Home Value | $955,558 | $430,086 | $303,400 |
| Median Rent | $1,834 | $1,431 | $1,348 |
| Median Income | $143,286 | $93,760 | $78,538 |
| Home Value To Income | 6.7x | 4.6x | 3.9x |
| Rent To Monthly Income | 0.15x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Ridgefield, CT Costs By Category
Detailed Ridgefield Services Costs Vs. Connecticut
| Item | Ridgefield | Connecticut |
|---|---|---|
| Shampoo | $1.5 | $1.28 |
| Movie | $13.76 | $12.13 |
| Bowling | $19.63 | $18 |
| Haircut | $32.33 | $24.26 |
| Beauty Salon | $48.56 | $45.56 |
Detailed Ridgefield Groceries Costs Vs. Connecticut
| Item | Ridgefield | Connecticut |
|---|---|---|
| Ground Beef | $6.34 | $5.84 |
| Fried Chicken | $1.61 | $1.57 |
| Milk | $4.73 | $4.67 |
| Potatoes | $5.03 | $4.93 |
| Pizza | $10.07 | $12.09 |
| Beer | $10.62 | $10.41 |
| Toothpaste | $3.66 | $3.7 |
Detailed Ridgefield Health Costs Vs. Connecticut
| Item | Ridgefield | Connecticut |
|---|---|---|
| Optometrist | $140.1 | $125.68 |
| Doctor | $143.23 | $135.78 |
| Dentist | $123.0 | $113.29 |
Detailed Ridgefield Transportation Costs Vs. Connecticut
| Item | Ridgefield | Connecticut |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $57.68 | $59.92 |
Detailed Ridgefield Utilities Costs Vs. Connecticut
| Item | Ridgefield | Connecticut |
|---|---|---|
| All Electricity | $281.67 | $193.99 |
| Phone | $185.16 | $192.25 |
Ridgefield SnackAbility
/10
Cost Of Living In Cities Around Ridgefield
The cost of living varies in the cities and towns around Ridgefield. Here's a quick look at the cost of living in the most populous nearby places:
Danbury, CT has a cost of living index of 129, 0.8x Ridgefield.
Jefferson Valley-Yorktown, NY has a cost of living index of 146, 0.8x Ridgefield.
Bethel, CT has a cost of living index of 125, 0.7x Ridgefield.
| City | Population | Cost Of Living | Vs. Ridgefield |
|---|---|---|---|
| Danbury, CT | 86,086 | 129 | 0.8x |
| Jefferson Valley-Yorktown, NY | 14,195 | 146 | 0.8x |
| Bethel, CT | 11,606 | 125 | 0.7x |
| Mount Kisco, NY | 10,782 | 142 | 0.8x |
| Rye Brook, NY | 9,884 | 186 | 1.1x |
| Mahopac, NY | 9,171 | 134 | 0.8x |
| Lake Carmel, NY | 8,090 | 125 | 0.7x |
| Pleasantville, NY | 7,395 | 176 | 1.0x |
| Lake Mohegan, NY | 5,566 | 142 | 0.8x |
