What is the cost of living in Park Ridge, NJ?
According to the most recent data on the cost of living, Park Ridge has an overall cost of living index of 163, which is 1.6x higher than the national index of 100.
Compared to New Jersey, Park Ridge has a cost of living index that's 1.3x higher than New Jersey's index of 125.
The standard of living in Park Ridge ranks as #221 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Park Ridge ranks as the #41 most expensive place in the Garden State.
For more reading on life in Park Ridge, check out:
Park Ridge Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Park Ridge. Here is how it fares on each of the criteria:
The Services index in Park Ridge is 109.
The Groceries index in Park Ridge is 112.
The Health index in Park Ridge is 279.
The Housing index in Park Ridge is 108.
The Transportation index in Park Ridge is 112.
The Utilities index in Park Ridge is 107.
| Living Expense | Park Ridge | New Jersey | National Average |
|---|---|---|---|
| Overall | 163 | 125 | 100 |
| Services | 109 | 107 | 100 |
| Groceries | 112 | 113 | 100 |
| Health | 279 | 155 | 100 |
| Housing | 108 | 116 | 100 |
| Transportation | 112 | 112 | 100 |
| Utilities | 107 | 113 | 100 |
Park Ridge Cost Of Living Compared To New Jersey Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around New Jersey, check out:
Protect your home budget Compare home warranties in Park Ridge Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Park Ridge, NJ Housing Cost Breakdown
Housing swings affordability the most between places in New Jersey, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Park Ridge is $845,037.
The Median Rent in Park Ridge is $2,257.
The Median Income in Park Ridge is $171,029.
The Home Value To Income in Park Ridge is 4.9x.
The Rent To Monthly Income in Park Ridge is 0.16x.
| Statistic | Park Ridge | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $845,037 | $569,411 | $332,700 |
| Median Rent | $2,257 | $1,720 | $1,413 |
| Median Income | $171,029 | $103,556 | $80,734 |
| Home Value To Income | 4.9x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.16x | 0.2x | 0.21x |
Park Ridge, NJ Costs By Category
Detailed Park Ridge Services costs vs. New Jersey
| Item | Park Ridge | New Jersey |
|---|---|---|
| Shampoo | $1.69 | $1.28 |
| Movie | $13.68 | $12.13 |
| Bowling | $29.4 | $18 |
| Haircut | $34.94 | $24.26 |
| Beauty Salon | $64.07 | $45.56 |
Detailed Park Ridge Groceries costs vs. New Jersey
| Item | Park Ridge | New Jersey |
|---|---|---|
| Ground Beef | $5.87 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.97 | $4.67 |
| Potatoes | $5.21 | $4.93 |
| Pizza | $12.57 | $12.09 |
| Beer | $11.87 | $10.41 |
| Toothpaste | $3.96 | $3.7 |
Detailed Park Ridge Health costs vs. New Jersey
| Item | Park Ridge | New Jersey |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
Detailed Park Ridge Transportation costs vs. New Jersey
| Item | Park Ridge | New Jersey |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
Detailed Park Ridge Utilities costs vs. New Jersey
| Item | Park Ridge | New Jersey |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
Park Ridge SnackAbility
Cost Of Living In Cities Around Park Ridge
The cost of living varies in the cities and towns around Park Ridge. Here's a quick look at the cost of living in the most populous nearby places:
Eastchester, NY has a cost of living index of 168, 1.0x Park Ridge.
Mamaroneck, NY has a cost of living index of 165, 1.0x Park Ridge.
Pearl River, NY has a cost of living index of 146, 0.9x Park Ridge.
| City | Population | Cost Of Living | Vs. Park Ridge |
|---|---|---|---|
| Eastchester, NY | 20,491 | 168 | 1.0x |
| Mamaroneck, NY | 19,826 | 165 | 1.0x |
| Pearl River, NY | 16,155 | 146 | 0.9x |
| Westwood, NJ | 11,283 | 147 | 0.9x |
| Chestnut Ridge, NY | 10,557 | 153 | 0.9x |
| Hillsdale, NJ | 10,144 | 155 | 1.0x |
| Montvale, NJ | 8,901 | 164 | 1.0x |
| Upper Saddle River, NJ | 8,439 | 213 | 1.3x |
| Briarcliff Manor, NY | 7,519 | 178 | 1.1x |
| Pleasantville, NY | 7,371 | 178 | 1.1x |
