Bergenfield, NJ vs Wood-Ridge, NJ

Bergenfield is moderately more affordable than Wood-Ridge, with a 6.8% lower cost of living index. Bergenfield scores 131 compared to 140 for Wood-Ridge, where the US average is 100. This difference means residents of Wood-Ridge can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bergenfield is $1,744/month compared to $1,886/month in Wood-Ridge — a 8% difference. Home values follow the same pattern: Bergenfield is more affordable at $469,200 median vs $532,900.

Median household income in Bergenfield is $124,083 compared to $131,412 in Wood-Ridge (-5.6%). The higher salaries in Wood-Ridge partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bergenfield spend roughly 16.9% of their income on rent, less than the 17.2% in Wood-Ridge.