Ridgewood, New Jersey vs. Summit, New Jersey

Cost of Living Comparison

The cost of living in Summit, New Jersey is 11.6% more expensive than Ridgewood, New Jersey.

You would need a salary of $100,405 in Summit, New Jersey to maintain the standard of living you have in Ridgewood, New Jersey.
Comparison highlights
• Overall, Summit, New Jersey is more expensive than Ridgewood, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
17% more expensive in Summit
than in Ridgewood, New Jersey
Ridgewood, NJ vs. Summit, NJ
Compared to Ridgewood, Summit is:
  Homeowner
      No Child Care, Taxes not Considered
  11.6% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  1.5% higher
  Housing (Homeowner)
  29.4% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  7.0% lower
  Commute
  5.8% lower
  Health
  0.4% lower
  Taxes
  Childcare
  Personal
  5.5% lower