Ridgewood, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
178
Ridgewood's Overall Cost Of Living
1.8x
Higher Than The National Average
233 out of 247
In New Jersey
6,184 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Ridgewood is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Ridgewood, NJ?

According to the most recent data on the cost of living, Ridgewood has an overall cost of living index of 178 which is 1.8x higher than the national index of 100.

Compared to only New Jersey, Ridgewood has a cost of living index that's 1.4x higher than New Jersey's index of 123.

The standard of living in Ridgewood ranks as #6,191 most affordable out of the 6,522 places we measured in New Jersey. By definition, that implies Ridgewood ranks as the #215 most expensive place in the Garden State.

For more reading on life in Ridgewood, check out:

Ridgewood Cost Of Living Vs. New Jersey

Living Expense Ridgewood New Jersey National Average
Overall 178 123 100
Services 114 111 100
Groceries 108 110 100
Health 107 102 100
Housing 337 158 100
Transportation 111 110 100
Utilities 105 100 100
For more reading on cost of living around New Jersey, check out:
Ridgewood Cost of Living Vs. NJ

Ridgewood, 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.

$763,300
Median Home Value
$2,026
Median Rent
$184,355
Median Income
Statistic Ridgewood New Jersey United States
Median Home Value $763,300 $335,600 $217,500
Median Rent $2,026 $1,334 $1,062
Median Income $184,355 $82,545 $62,843
Home Value To Income 4.1x 4.1x 3.5x
Rent To Monthly Income 0.13x 0.19x 0.2x

Detailed Ridgewood Services Costs Vs. New Jersey

Item Ridgewood New Jersey
Shampoo $1.09 $1.01
Movie $12.14 $10.72
Bowling $18.4 $13.86

Detailed Ridgewood Groceries Costs Vs. New Jersey

Item Ridgewood New Jersey
Ground Beef $3.85 $3.9
Fried Chicken $1.66 $1.4
Milk $2.21 $1.96

Detailed Ridgewood Health Costs Vs. New Jersey

Item Ridgewood New Jersey
Haircut $24.0 $17.49
Beauty Salon $39.0 $38.17
Toothpaste $2.01 $2.32

Detailed Ridgewood Transportation Costs Vs. New Jersey

Item Ridgewood New Jersey
Potatoes $3.39 $3.18
Pizza $11.99 $10.39
Beer $8.99 $9.23
Optometrist $113.0 $106.34
Doctor $96.67 $115.25
Dentist $121.0 $98.38

Detailed Ridgewood Utilities Costs Vs. New Jersey

Item Ridgewood New Jersey
Gasoline $2.77 $2.59
Tire Balancing $59.0 $48.9
All Electricity $184.45 $167.6
Phone $177.03 $163.42

Ridgewood SnackAbility

10
/10
Overall SnackAbility
Jobs
9/10
Housing
10
Affordability
8
Diversity
8.5
Safety
9
Amenities
9
Education
9.5
Commute
2

Cost Of Living In Cities Around Ridgewood

City Population Cost Of Living Vs. Ridgewood
Fair Lawn, NJ 33,017 136 0.8x
Paramus, NJ 26,503 159 0.9x
Eastchester, NY 19,990 158 0.9x
Hawthorne, NJ 18,784 133 0.7x
Scarsdale, NY 17,837 267 1.5x
Glen Rock, NJ 11,780 165 0.9x
Waldwick, NJ 9,986 145 0.8x
North Haledon, NJ 8,437 141 0.8x
Briarcliff Manor, NY 7,616 174 1.0x
Midland Park, NJ 7,244 144 0.8x

Articles About New Jersey

Enjoy The Snack?