Ridgefield Park, NJ Cost Of Living
Ridgefield Park's Overall Cost Of Living
Higher Than The National Average
In New Jersey
In America
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 141 which is 1.4x higher than the national index of 100.
Compared to only New Jersey, Ridgefield Park has a cost of living index that's 1.2x higher than New Jersey's index of 121.
The standard of living in Ridgefield Park ranks as #5,619 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Ridgefield Park ranks as the #800 most expensive place in the Garden State.
Ridgefield Park Cost Of Living Vs. New Jersey
| Living Expense | Ridgefield Park | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 141 | 121 | 100 | |
| Services | 131 | 107 | 100 | |
| Groceries | 149 | 107 | 100 | |
| Health | 112 | 100 | 100 | |
| Housing | 165 | 160 | 100 | |
| Transportation | 133 | 106 | 100 | |
| Utilities | 98 | 98 | 100 | |
Ridgefield Park, 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 | Ridgefield Park | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $367,500 | $343,500 | $229,800 |
| Median Rent | $1,402 | $1,368 | $1,096 |
| Median Income | $81,908 | $85,245 | $64,994 |
| Home Value To Income | 4.5x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.19x | 0.2x |
Detailed Ridgefield Park Services Costs Vs. New Jersey
| Item | Ridgefield Park | New Jersey |
|---|---|---|
| Shampoo | $1.67 | $1.06 |
| Movie | $16.31 | $10.68 |
| Bowling | $20.49 | $14.67 |
Detailed Ridgefield Park Groceries Costs Vs. New Jersey
| Item | Ridgefield Park | New Jersey |
|---|---|---|
| Ground Beef | $6.4 | $4.22 |
| Fried Chicken | $2.65 | $1.39 |
| Milk | $3.11 | $2.05 |
Detailed Ridgefield Park Health Costs Vs. New Jersey
| Item | Ridgefield Park | New Jersey |
|---|---|---|
| Haircut | $23.25 | $18.62 |
| Beauty Salon | $60.79 | $39.05 |
| Toothpaste | $4.42 | $2.34 |
Detailed Ridgefield Park Transportation Costs Vs. New Jersey
| Item | Ridgefield Park | New Jersey |
|---|---|---|
| Potatoes | $4.16 | $3.29 |
| Pizza | $12.33 | $10.62 |
| Beer | $12.01 | $9.38 |
| Optometrist | $108.08 | $108.57 |
| Doctor | $106.72 | $116.17 |
| Dentist | $124.43 | $99.13 |
Detailed Ridgefield Park Utilities Costs Vs. New Jersey
| Item | Ridgefield Park | New Jersey |
|---|---|---|
| Gasoline | $2.62 | $2.22 |
| Tire Balancing | $80.22 | $50.07 |
| All Electricity | $157.7 | $167.67 |
| Phone | $189.52 | $175.64 |
Ridgefield Park SnackAbility
/10
Cost Of Living In Cities Around Ridgefield Park
| City | Population | Cost Of Living | Vs. Ridgefield Park |
|---|---|---|---|
| Hackensack, NJ | 44,266 | 134 | 1.0x |
| Fort Lee, NJ | 37,843 | 141 | 1.0x |
| Palisades Park, NJ | 20,693 | 162 | 1.1x |
| Mamaroneck, NY | 19,247 | 165 | 1.2x |
| Port Washington, NY | 16,232 | 185 | 1.3x |
| North New Hyde Park, NY | 14,952 | 170 | 1.2x |
| Fairview, NJ | 14,218 | 140 | 1.0x |
| Ridgefield, NJ | 11,209 | 155 | 1.1x |
| Little Ferry, NJ | 10,761 | 140 | 1.0x |
| New Hyde Park, NY | 9,746 | 158 | 1.1x |
