Ramsey, NJ Cost Of Living
Ramsey's Overall Cost Of Living
Higher Than The National Average
In New Jersey
In America
What is the cost of living in Ramsey, NJ?
According to the most recent data on the cost of living, Ramsey has an overall cost of living index of 154 which is 1.5x higher than the national index of 100.
Compared to only New Jersey, Ramsey has a cost of living index that's 1.3x higher than New Jersey's index of 121.
The standard of living in Ramsey ranks as #5,918 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Ramsey ranks as the #501 most expensive place in the Garden State.
Ramsey Cost Of Living Vs. New Jersey
| Living Expense | Ramsey | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 154 | 121 | 100 | |
| Services | 115 | 107 | 100 | |
| Groceries | 106 | 107 | 100 | |
| Health | 95 | 100 | 100 | |
| Housing | 252 | 160 | 100 | |
| Transportation | 108 | 106 | 100 | |
| Utilities | 102 | 98 | 100 | |
Ramsey, NJ Housing Cost Breakdown
Housing swings affordability the most between places in New Jersey, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
| Statistic | Ramsey | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $605,600 | $343,500 | $229,800 |
| Median Rent | $1,733 | $1,368 | $1,096 |
| Median Income | $156,058 | $85,245 | $64,994 |
| Home Value To Income | 3.9x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.13x | 0.19x | 0.2x |
Detailed Ramsey Services Costs Vs. New Jersey
| Item | Ramsey | New Jersey |
|---|---|---|
| Shampoo | $1.0 | $1.06 |
| Movie | $12.49 | $10.68 |
| Bowling | $18.0 | $14.67 |
Detailed Ramsey Groceries Costs Vs. New Jersey
| Item | Ramsey | New Jersey |
|---|---|---|
| Ground Beef | $4.09 | $4.22 |
| Fried Chicken | $1.79 | $1.39 |
| Milk | $2.44 | $2.05 |
Detailed Ramsey Health Costs Vs. New Jersey
| Item | Ramsey | New Jersey |
|---|---|---|
| Haircut | $20.93 | $18.62 |
| Beauty Salon | $36.53 | $39.05 |
| Toothpaste | $2.22 | $2.34 |
Detailed Ramsey Transportation Costs Vs. New Jersey
| Item | Ramsey | New Jersey |
|---|---|---|
| Potatoes | $3.25 | $3.29 |
| Pizza | $11.36 | $10.62 |
| Beer | $9.32 | $9.38 |
| Optometrist | $106.0 | $108.57 |
| Doctor | $91.0 | $116.17 |
| Dentist | $102.33 | $99.13 |
Detailed Ramsey Utilities Costs Vs. New Jersey
| Item | Ramsey | New Jersey |
|---|---|---|
| Gasoline | $2.37 | $2.22 |
| Tire Balancing | $54.12 | $50.07 |
| All Electricity | $178.53 | $167.67 |
| Phone | $179.87 | $175.64 |
Ramsey SnackAbility
/10
Cost Of Living In Cities Around Ramsey
| City | Population | Cost Of Living | Vs. Ramsey |
|---|---|---|---|
| Eastchester, NY | 19,911 | 163 | 1.1x |
| Scarsdale, NY | 17,890 | 265 | 1.7x |
| Franklin Lakes, NJ | 11,044 | 207 | 1.3x |
| Dobbs Ferry, NY | 10,959 | 169 | 1.1x |
| Suffern, NY | 10,945 | 127 | 0.8x |
| Waldwick, NJ | 10,051 | 143 | 0.9x |
| Airmont, NY | 8,771 | 141 | 0.9x |
| Upper Saddle River, NJ | 8,214 | 203 | 1.3x |
| Briarcliff Manor, NY | 7,695 | 175 | 1.1x |
| Tappan, NY | 7,415 | 159 | 1.0x |
