Haledon, NJ vs Ridgewood, NJ

The cost of living difference between Haledon, NJ and Ridgewood, NJ is dramatic. Haledon is 35.4% cheaper than Ridgewood, a gap that translates to thousands of dollars per year in household expenses. Haledon has a cost index of 118 while Ridgewood sits at 183, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Haledon is $1,651/month compared to $2,340/month in Ridgewood — a 29% difference. Home values follow the same pattern: Haledon is more affordable at $347,700 median vs $882,700.

Median household income in Haledon is $94,178 compared to $217,250 in Ridgewood (-56.6%). While Ridgewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Haledon spend roughly 21% of their income on rent, more than the 12.9% in Ridgewood.