Richland, NJ Economy

Richland, NJ is a quiet town in the northern part of the state. It is known for its affordability and local culture. Companies such as Richland Industries, Alden Machine Works, and Bob's Carpeting are located in Richland. The cost of living in Richland is quite reasonable with 2 bedroom rents averaging at $1,430. This is lower than the US average which is around $1,600. The grocery cost index in Richland stands at 100 versus that of the US which stands at 100 as well making it an affordable place to live.