Zip 06877 (Ridgefield, CT) Cost of Living


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How much do I need to live in Ridgefield, Connecticut?
$12,270 / month
for a family, 127.2% more expensive than the national average A total of $147,240 for the year for a family.
$6,500 / month
for a single person, 36.4% more expensive than the national average A total of $78,000 for the year for a single person.

Ridgefield cost of living score
138.6
More expensive
38.6% higher
than the US average
24.0% higher
than the Connecticut average
Ridgefield (zip 06877), Connecticut gets a BestPlaces Cost of Living score of 138.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 38.6% higher than the U.S. average and 24.0% lower than the average for Connecticut.

Zip 06877 (Ridgefield, CT)

Housing costs in Ridgefield?
A typical home costs $767,900, which is 127.1% more expensive than the national average of $338,100 and 112.1% more expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Ridgefield costs $2,390 per month, which is 67.1% more than the national average of $1,430 and 30.5% more than the state average of $1,660.

Can I afford Ridgefield?
To live comfortably in Ridgefield (zip 06877), Connecticut, a minimum annual income of $147,240 for a family, and $78,000 for a single person is recommended.

What does A.I. say about Ridgefield?
The cost of living in 06877 Ridgefield, CT is relatively high. According to the US Census Bureau, the median home value for the area is $721,400. With an average household income of $163,793 and median monthly housing costs of $2,936, residents should expect to pay a premium for housing in this area. Prices for food and other essential goods are also higher than the US averages due to its proximity to New York City. Despite these higher costs, Ridgefield provides beautiful scenery and a desirable quality of life for those who can afford it.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRidgefieldConnecticutUnited States
    Unlock111.8100.0
  109.4  Unlock100.0
    Unlock118.6100.0
  247.0  Unlock100.0
    Unlock$362,100$338,100
  118.7  Unlock100.0
    Unlock112.4100.0
  161.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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