Cost of Living in Ridgefield, NJ

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

199.3

100 = national avg

+99.3 vs national average

Living Wage (1 Adult)

$87,713

per year

Living Wage (Family of 4)

$207,322

per year

Cost Index by Category

Housing
276.1
Food
138.4
Transportation
176.8
Healthcare
130.7
Utilities
158.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,024

per month

2 Bedroom

$2,324

per month

The overall cost of living index in Ridgefield is 199.3, which is 99.3% above the national average. Housing costs are above the national average at an index of 276.1. A single adult needs to earn approximately $87,713 per year to cover basic expenses.