What is the cost of living in Wood-Ridge, NJ?
According to the most recent data on the cost of living, Wood-Ridge has an overall cost of living index of 142, which is 1.4x higher than the national index of 100.
Compared to New Jersey, Wood-Ridge has a cost of living index that's 1.1x higher than New Jersey's index of 125.
The standard of living in Wood-Ridge ranks as #180 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Wood-Ridge ranks as the #82 most expensive place in the Garden State.
For more reading on life in Wood-Ridge, check out:
Wood-Ridge Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Wood-Ridge. Here is how it fares on each of the criteria:
The Services index in Wood-Ridge is 104.
The Groceries index in Wood-Ridge is 112.
The Health index in Wood-Ridge is 219.
The Housing index in Wood-Ridge is 113.
The Transportation index in Wood-Ridge is 115.
The Utilities index in Wood-Ridge is 111.
| Living Expense | Wood-Ridge | New Jersey | National Average |
|---|---|---|---|
| Overall | 142 | 125 | 100 |
| Services | 104 | 107 | 100 |
| Groceries | 112 | 113 | 100 |
| Health | 219 | 155 | 100 |
| Housing | 113 | 116 | 100 |
| Transportation | 115 | 112 | 100 |
| Utilities | 111 | 113 | 100 |
Wood-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 Wood-Ridge Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Wood-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 Wood-Ridge is $709,508.
The Median Rent in Wood-Ridge is $1,878.
The Median Income in Wood-Ridge is $136,108.
The Home Value To Income in Wood-Ridge is 5.2x.
The Rent To Monthly Income in Wood-Ridge is 0.17x.
| Statistic | Wood-Ridge | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $709,508 | $569,411 | $332,700 |
| Median Rent | $1,878 | $1,720 | $1,413 |
| Median Income | $136,108 | $103,556 | $80,734 |
| Home Value To Income | 5.2x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Wood-Ridge, NJ Costs By Category
Detailed Wood-Ridge Services costs vs. New Jersey
| Item | Wood-Ridge | New Jersey |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $15.78 | $12.13 |
| Bowling | $21.0 | $18 |
| Haircut | $25.62 | $24.26 |
| Beauty Salon | $41.67 | $45.56 |
Detailed Wood-Ridge Groceries costs vs. New Jersey
| Item | Wood-Ridge | New Jersey |
|---|---|---|
| Ground Beef | $5.65 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.71 | $4.67 |
| Potatoes | $5.37 | $4.93 |
| Pizza | $11.49 | $12.09 |
| Beer | $11.33 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
Detailed Wood-Ridge Health costs vs. New Jersey
| Item | Wood-Ridge | New Jersey |
|---|---|---|
| Optometrist | $157.11 | $125.68 |
| Doctor | $115.59 | $135.78 |
| Dentist | $124.27 | $113.29 |
Detailed Wood-Ridge Transportation costs vs. New Jersey
| Item | Wood-Ridge | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $82.67 | $59.92 |
Detailed Wood-Ridge Utilities costs vs. New Jersey
| Item | Wood-Ridge | New Jersey |
|---|---|---|
| All Electricity | $236.04 | $193.99 |
| Phone | $186.61 | $192.25 |
Wood-Ridge SnackAbility
Cost Of Living In Cities Around Wood-Ridge
The cost of living varies in the cities and towns around Wood-Ridge. Here's a quick look at the cost of living in the most populous nearby places:
Passaic, NJ has a cost of living index of 130, 0.9x Wood-Ridge.
Garfield, NJ has a cost of living index of 132, 0.9x Wood-Ridge.
Lodi, NJ has a cost of living index of 135, 1.0x Wood-Ridge.
| City | Population | Cost Of Living | Vs. Wood-Ridge |
|---|---|---|---|
| Passaic, NJ | 70,002 | 130 | 0.9x |
| Garfield, NJ | 32,783 | 132 | 0.9x |
| Lodi, NJ | 26,082 | 135 | 1.0x |
| Eastchester, NY | 20,491 | 168 | 1.2x |
| Mamaroneck, NY | 19,826 | 165 | 1.2x |
| Rutherford, NJ | 18,894 | 147 | 1.0x |
| Scarsdale, NY | 18,010 | 280 | 2.0x |
| Hasbrouck Heights, NJ | 12,115 | 140 | 1.0x |
| Wallington, NJ | 11,889 | 137 | 1.0x |
| Dobbs Ferry, NY | 11,443 | 173 | 1.2x |
