Zip 07657 (Ridgefield, NJ) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Ridgefield, New Jersey?
$10,260 / month
for a family, 90.0% more expensive than the national average A total of $123,120 for the year for a family.
$5,933 / month
for a single person, 24.5% more expensive than the national average A total of $71,200 for the year for a single person.

Ridgefield cost of living score
141
More expensive
41.0% higher
than the US average
17.7% higher
than the New Jersey average
Ridgefield (zip 07657), 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.

Zip 07657 (Ridgefield, NJ)

Housing costs in Ridgefield?
A typical home costs $642,800, which is 90.1% more expensive than the national average of $338,100 and 48.8% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Ridgefield costs $2,070 per month, which is 21.1% more than the national average of $1,710 and 4.8% cheaper than the state average of $2,170.

Can I afford Ridgefield?
To live comfortably in Ridgefield (zip 07657), New Jersey, a minimum annual income of $123,120 for a family, and $71,200 for a single person is recommended.

What does A.I. say about Ridgefield?
The cost of living in 07657 Ridgefield, NJ is fairly high given its proximity to New York City. The median home price is $481,800, according to Zillow, which is quite a bit higher than the national average. Other costs such as groceries and utilities are also slightly above the national average. Although these costs may seem steep at first glance, they are offset by the many amenities and attractions found in the area. The public schools are highly rated and there is an abundance of art galleries, museums, shopping centers, and parks nearby. All of this combined makes 07657 Ridgefield a desirable destination for anyone looking to settle down in New Jersey.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRidgefieldNew JerseyUnited States
    Unlock119.8100.0
  107.3  Unlock100.0
    Unlock96.9100.0
  193.2  Unlock100.0
    Unlock$432,100$338,100
  110.7  Unlock100.0
    Unlock127.7100.0
  140.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.