Ridgefield Park, NJ Cost of Living


1 Reviews



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How much do I need to live in Ridgefield Park, New Jersey?
$7,500 / month
for a family, 38.9% more expensive than the national average A total of $90,000 for the year for a family.
$4,867 / month
for a single person, 2.1% more expensive than the national average A total of $58,400 for the year for a single person.

Ridgefield Park cost of living score
141
More expensive
41.0% higher
than the US average
17.7% higher
than the New Jersey average
Ridgefield Park, New Jersey gets a BestPlaces Cost of Living score of 141, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 41.0% higher than the U.S. average and 17.7% lower than the average for New Jersey.

Ridgefield Park, NJ

Housing costs in Ridgefield Park?
A typical home costs $470,200, which is 39.1% more expensive than the national average of $338,100 and 8.8% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Ridgefield Park costs $1,690 per month, which is 18.2% more than the national average of $1,430 and close to the state average of $1,710.

Can I afford Ridgefield Park?
To live comfortably in Ridgefield Park, New Jersey, a minimum annual income of $90,000 for a family, and $58,400 for a single person is recommended.

What does A.I. say about Ridgefield Park?
Ridgefield Park, NJ is an affordable place to live, with the cost of living being slightly below the national average. The cost of housing is particularly attractive in this suburban town, with the median home value being around $316,000 and the median rent being around $1,400 per month. Groceries are also relatively affordable - about 8% less than the average national price - while utilities and transportation costs are generally right at the national averages. Overall, Ridgefield Park offers a great quality of life for its residents at an attractive cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRidgefield ParkNew JerseyUnited States
    Unlock119.8100.0
  105.4  Unlock100.0
    Unlock96.9100.0
  150.7  Unlock100.0
    Unlock$432,100$338,100
  113.8  Unlock100.0
    Unlock127.7100.0
  141.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Ridgefield Park
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Over 13 years ago

if you want the luxury of having everything at your finger tips it's going to cost you more. Everything is expensive but the variety is uncommon.  More

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