What is the cost of living in Ridgefield Park, NJ?
According to the most recent data on the cost of living, Ridgefield Park has an overall cost of living index of 131, which is 1.3x higher than the national index of 100.
Compared to New Jersey, Ridgefield Park has a cost of living index that's 1.0x higher than New Jersey's index of 125.
The standard of living in Ridgefield Park ranks as #120 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Ridgefield Park ranks as the #142 most expensive place in the Garden State.
For more reading on life in Ridgefield Park, check out:
Ridgefield Park Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Ridgefield Park. Here is how it fares on each of the criteria:
The Services index in Ridgefield Park is 105.
The Groceries index in Ridgefield Park is 109.
The Health index in Ridgefield Park is 183.
The Housing index in Ridgefield Park is 115.
The Transportation index in Ridgefield Park is 109.
The Utilities index in Ridgefield Park is 109.
| Living Expense | Ridgefield Park | New Jersey | National Average |
|---|---|---|---|
| Overall | 131 | 125 | 100 |
| Services | 105 | 107 | 100 |
| Groceries | 109 | 113 | 100 |
| Health | 183 | 155 | 100 |
| Housing | 115 | 116 | 100 |
| Transportation | 109 | 112 | 100 |
| Utilities | 109 | 113 | 100 |
Ridgefield Park 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 Ridgefield Park Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Ridgefield Park, 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 Ridgefield Park is $580,535.
The Median Rent in Ridgefield Park is $1,731.
The Median Income in Ridgefield Park is $100,718.
The Home Value To Income in Ridgefield Park is 5.8x.
The Rent To Monthly Income in Ridgefield Park is 0.21x.
| Statistic | Ridgefield Park | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $580,535 | $569,411 | $332,700 |
| Median Rent | $1,731 | $1,720 | $1,413 |
| Median Income | $100,718 | $103,556 | $80,734 |
| Home Value To Income | 5.8x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Ridgefield Park, NJ Costs By Category
Detailed Ridgefield Park Services costs vs. New Jersey
| Item | Ridgefield Park | 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 Ridgefield Park Groceries costs vs. New Jersey
| Item | Ridgefield Park | 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 Ridgefield Park Health costs vs. New Jersey
| Item | Ridgefield Park | New Jersey |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
Detailed Ridgefield Park Transportation costs vs. New Jersey
| Item | Ridgefield Park | New Jersey |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
Detailed Ridgefield Park Utilities costs vs. New Jersey
| Item | Ridgefield Park | New Jersey |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
Ridgefield Park SnackAbility
Cost Of Living In Cities Around Ridgefield Park
The cost of living varies in the cities and towns around Ridgefield Park. Here's a quick look at the cost of living in the most populous nearby places:
Hackensack, NJ has a cost of living index of 128, 1.0x Ridgefield Park.
Fort Lee, NJ has a cost of living index of 135, 1.0x Ridgefield Park.
Palisades Park, NJ has a cost of living index of 160, 1.2x Ridgefield Park.
| City | Population | Cost Of Living | Vs. Ridgefield Park |
|---|---|---|---|
| Hackensack, NJ | 46,057 | 128 | 1.0x |
| Fort Lee, NJ | 40,067 | 135 | 1.0x |
| Palisades Park, NJ | 20,290 | 160 | 1.2x |
| Mamaroneck, NY | 19,826 | 165 | 1.3x |
| Port Washington, NY | 18,004 | 196 | 1.5x |
| Fairview, NJ | 15,099 | 151 | 1.2x |
| North New Hyde Park, NY | 14,159 | 169 | 1.3x |
| Ridgefield, NJ | 11,498 | 149 | 1.1x |
| Little Ferry, NJ | 10,996 | 132 | 1.0x |
| New Hyde Park, NY | 10,220 | 163 | 1.2x |
