States › Connecticut › Ridgefield

Is Ridgefield, CT expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,43439% higher than U.S. average
💵 Families earn per year (2026)$159,919about $13,327/month · 84% higher than U.S. average
🔑 House price$843,600154% higher than U.S. average

Rent is higher than in 84% of U.S. cities. Household incomes are higher than in 92% of U.S. cities. A typical house costs about 5.3 years of household income. Commutes are long, about 31.2 minutes each way. It is a highly educated city: 68.9% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $97,360 a year. That is $47 an hour at a full-time job.

Is rent cheaper than other Connecticut cities?

No. Rent here is more expensive than in most of Connecticut. It is number 45 of 64 cities from cheapest to most expensive.

Ridgefield
$2,434
$1,490
$3,500+
$1,177
$1,287

How much do households earn in Ridgefield?

Under $25k
6.9%
$25k–50k
4.5%
$50k–100k
29.6%
$100k–150k
17.8%
$150k+
39.6%

Share of households by yearly income. 57.3% of households earn $100,000 or more.

Rent by apartment size in Ridgefield

SizeRidgefieldU.S. average
Studio$1,770$1,338
1 bedroom$1,928$1,324
2 bedrooms$3,179$1,509

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Ridgefield overall?

Everyday prices in Connecticut overall are 4% above the U.S. average (index 103.6, U.S. = 100).

Housing
117
Goods (food, clothes…)
97
Utilities
146
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Ridgefield, so the Connecticut figure is shown.

Taxes and bills in Ridgefield

🏛️ Property tax$10,000+a year · 1.19% of home value · U.S. $3,119
⚡ Electric bill$192a month (typical) · U.S. $156

Life in Ridgefield

Commute to work31.2 minU.S.: 26.4 min
College degree68.9%U.S.: 35.7%
Own their home71.9%U.S.: 65.2%
Below poverty line2.5%U.S.: 12.5%
Unemployment4.7%U.S.: 5.2%

Is it cheaper to rent or buy in Ridgefield?

Renting is cheaper right now: about $3,419 a month less.

Renting
$2,434
Owning
$5,853

Owning assumes a typical $843,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $84,360 for the down payment.

Frequently asked questions

What is the average rent in Ridgefield, CT?

Renting in Ridgefield costs a median of about $2,434 a month in 2026, including utilities. The Connecticut median is $1,920.

How much do I need to make to live in Ridgefield?

To keep rent under 30% of income, you need about $97,360 a year, or $47 an hour at a full-time job.

Is Ridgefield cheap or expensive?

Ridgefield is rated Cheap: rent takes 18.3% of the typical household income of $159,919. It ranks 45th cheapest of 64 Connecticut cities we track.

How much are property taxes in Ridgefield?

The median homeowner in Ridgefield pays $10,000+ a year in property taxes, about 1.19% of the median home value.

Is Ridgefield more expensive than the national average?

Overall prices in Connecticut are 4% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Ridgefield?

The median home value in Ridgefield is $843,600, about 5.3 times the typical yearly household income.

6,970 people live in Ridgefield. Numbers are typical (middle) values.