Cost of Living in Ridgewood, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
193.4
100 = national avg
+93.4 vs national average
Living Wage (1 Adult)
$85,089
per year
Living Wage (Family of 4)
$201,120
per year
Cost Index by Category
Housing201.1
Food162.9
Transportation225.8
Healthcare150.3
Utilities158.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,051
per month
2 Bedroom
$1,353
per month
The overall cost of living index in Ridgewood is 193.4, which is 93.4% above the national average. Housing costs are above the national average at an index of 201.1. A single adult needs to earn approximately $85,089 per year to cover basic expenses.