Housing costs in Ridgefield Park?
A typical home costs
$447,900, which is 32.5% more expensive than the national average of
$338,100 and 3.7% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Ridgefield Park costs
$1,720 per month, which is 0.6% more than the national average of
$1,710 and 26.2% cheaper than the state average of
$2,170.
Can I afford Ridgefield Park?
To live comfortably in Ridgefield Park (zip 07660), New Jersey, a minimum annual income of
$85,680 for a family, and
$59,600 for a single person is recommended.
What does A.I. say about Ridgefield Park?
The cost of living in 07660 Ridgefield Park, NJ is relatively high. According to BestPlaces, the cost of living index is rated as being 39% higher than the national average, with goods and services costing an average of 24% more than elsewhere. The housing costs in particular are very expensive, with median home values set at $357,400 and monthly rental prices clocking in well above what is typical for the area. Despite its high cost of living, Ridgefield Park is a desirable place to live due to its excellent public school system and convenient location just 12 miles away from New York City.