Much like other places in this area, it's a lot more expensive compared to the United States as a whole. Compared to the city of New York however, it is a bit less expensive.
Home prices
The median home in Ridgefield costs $442,500. In comparison to its surrounding areas this is approximately $14,560 (3%) lower.Compared to the US as a whole it is about $225,000 (103%) higher, and compared to the city of New York is roughly $163,500 (26%) lower.
Rents
In Ridgefield the median rent is $1,584 per month. This is about $58 (3%) lower compared to nearby areas.Compared to the country as a whole it is approximately $522 (49%) higher, and it is approximately $141 (9%) higher in comparison to the city of New York.
Nearby places
Palisades Park
Palisades Park is Ridgefield's neighbor to the northeast. Real estate prices there are a bit more expensive. Palisades Park's median home cost is $558,400, which comes out to $115,900 (20%) higher than Ridgefield. The rent there is fairly similar. The median rent in Palisades Park is $1,520 per month, which works out to $64 (4%) lower than Ridgefield.
Cliffside Park
Cliffside Park is Ridgefield's neighbor to the southeast. The housing prices there are similar. The median home cost in Cliffside Park is $447,900, which is $5,400 (1%) higher than Ridgefield. Rents there are somewhat less expensive. Cliffside Park's median monthly rent is $1,468, which comes out to $116 (7%) lower than Ridgefield.
Little Ferry
Little Ferry is Ridgefield's neighbor to the northwest. Its real estate prices are substantially less expensive. The median home in Little Ferry is valued at $329,300, which is $113,200 (34%) lower than Ridgefield. Rents there are a bit less expensive. The median rent in Little Ferry is $1,349 per month, which is $235 (17%) lower than Ridgefield.
Ridgefield Park
Ridgefield Park is Ridgefield's neighbor to the north. The real estate prices there are a little less expensive. The median home cost in Ridgefield Park is $349,100, which works out to $93,400 (26%) lower than Ridgefield. The rent there is a little less expensive. The median rent in Ridgefield Park is $1,368 per month, which is $216 (15%) lower than Ridgefield.
Edgewater
Edgewater is about 1 mile east of Ridgefield. Real estate prices there are somewhat more expensive. The median home in Edgewater costs $600,600, which is $158,100 (26%) higher than Ridgefield. Its rents are significantly more expensive. In Edgewater the median monthly rent is $2,506, which is $922 (36%) higher than Ridgefield.
