Cost of living in Ridgefield research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Ridgefield is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Washington, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Ridgefield is 127, with 100 being the average.
The cost of living index in Ridgefield is 1.3x higher than the national average.
Ridgefield ranks as the #113 cheapest in Washington out of 192.
Ridgefield ranks as the #5,140 cheapest out of 6,412 in the US.
The median home value in Ridgefield is $450,700.
The median income in Ridgefield is $107,861.
According to the most recent data on the cost of living, Ridgefield has an overall cost of living index of 127, which is 1.3x higher than the national index of 100.
Compared to Washington, Ridgefield has a cost of living index that's 1.1x higher than Washington's index of 115.
The standard of living in Ridgefield ranks as #113 most affordable out of the 192 places we measured in Washington. By definition, that implies Ridgefield ranks as the #79 most expensive place in the Evergreen State.
For more reading on life in Ridgefield, check out:
Six factors go into calculating the cost of living index in Ridgefield. Here is how it fairs on each of the criteria:
The Services index in Ridgefield is 120.
The Groceries index in Ridgefield is 114.
The Health index in Ridgefield is 116.
The Housing index in Ridgefield is 156.
The Transportation index in Ridgefield is 130.
The Utilities index in Ridgefield is 89.
|Living Expense||Ridgefield||Washington||National Average|
Housing swings affordability the most between places in Washington, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Ridgefield is $450,700.
The Median Rent in Ridgefield is $2,048.
The Median Income in Ridgefield is $107,861.
The Home Value To Income in Ridgefield is 4.2x.
The Rent To Monthly Income in Ridgefield is 0.23x.
|Median Home Value||$450,700||$397,600||$244,900|
|Home Value To Income||4.2x||4.8x||3.5x|
|Rent To Monthly Income||0.23x||0.21x||0.2x|
The cost of living varies in the cities and towns around Ridgefield. Here's a quick look at the cost of living in the most populous nearby places:
Vancouver, WA has a cost of living index of 116, 0.9x Ridgefield.
Orchards, WA has a cost of living index of 114, 0.9x Ridgefield.
Camas, WA has a cost of living index of 130, 1.0x Ridgefield.
|City||Population||Cost Of Living||Vs. Ridgefield|
|Hazel Dell, WA||21,650||116||0.9x|
|Battle Ground, WA||20,536||117||0.9x|
|Five Corners, WA||20,428||114||0.9x|
|Salmon Creek, WA||19,809||118||0.9x|
|St. Helens, OR||13,808||108||0.9x|