Englewood Cliffs, NJ Cost Of Living
Cost Of Living In Englewood Cliffs, NJ Summary
Cost of living in Englewood Cliffs research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Englewood Cliffs is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New Jersey, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Englewood Cliffs is 241, with 100 being the average.
The cost of living index in Englewood Cliffs is 2.4x higher than the national average.
Englewood Cliffs ranks as the #259 cheapest in New Jersey out of 260.
Englewood Cliffs ranks as the #6,422 cheapest out of 6,489 in the US.
The median home value in Englewood Cliffs is $1,729,061.
The median income in Englewood Cliffs is $222,192.
Table Of Contents
Englewood Cliffs's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Englewood Cliffs, NJ?
According to the most recent data on the cost of living, Englewood Cliffs has an overall cost of living index of 241, which is 2.4x higher than the national index of 100.
Compared to New Jersey, Englewood Cliffs has a cost of living index that's 2.0x higher than New Jersey's index of 122.
The standard of living in Englewood Cliffs ranks as #259 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Englewood Cliffs ranks as the #1 most expensive place in the Garden State.
For more reading on life in Englewood Cliffs, check out:
In New Jersey
In America
Englewood Cliffs Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Englewood Cliffs. Here is how it fairs on each of the criteria:
The Services index in Englewood Cliffs is 129.
The Groceries index in Englewood Cliffs is 111.
The Health index in Englewood Cliffs is 121.
The Housing index in Englewood Cliffs is 523.
The Transportation index in Englewood Cliffs is 114.
The Utilities index in Englewood Cliffs is 104.
| Living Expense | Englewood Cliffs | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 241 | 122 | 100 | |
| Services | 129 | 108 | 100 | |
| Groceries | 111 | 104 | 100 | |
| Health | 121 | 99 | 100 | |
| Housing | 523 | 159 | 100 | |
| Transportation | 114 | 101 | 100 | |
| Utilities | 104 | 107 | 100 | |
Englewood Cliffs, NJ Housing Cost Breakdown
Housing swings affordability the most between places in New Jersey, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Englewood Cliffs is $1,729,061.
The Median Rent in Englewood Cliffs is $3,501.
The Median Income in Englewood Cliffs is $222,192.
The Home Value To Income in Englewood Cliffs is 7.8x.
The Rent To Monthly Income in Englewood Cliffs is 0.19x.
| Statistic | Englewood Cliffs | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $1,729,061 | $564,432 | $303,400 |
| Median Rent | $3,501 | $1,653 | $1,348 |
| Median Income | $222,192 | $101,050 | $78,538 |
| Home Value To Income | 7.8x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Englewood Cliffs, NJ Costs By Category
Detailed Englewood Cliffs Services Costs Vs. New Jersey
| Item | Englewood Cliffs | New Jersey |
|---|---|---|
| Shampoo | $1.69 | $1.28 |
| Movie | $13.68 | $12.13 |
| Bowling | $29.4 | $18 |
| Haircut | $34.94 | $24.26 |
| Beauty Salon | $64.07 | $45.56 |
Detailed Englewood Cliffs Groceries Costs Vs. New Jersey
| Item | Englewood Cliffs | New Jersey |
|---|---|---|
| Ground Beef | $5.87 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.97 | $4.67 |
| Potatoes | $5.21 | $4.93 |
| Pizza | $12.57 | $12.09 |
| Beer | $11.87 | $10.41 |
| Toothpaste | $3.96 | $3.7 |
Detailed Englewood Cliffs Health Costs Vs. New Jersey
| Item | Englewood Cliffs | New Jersey |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
Detailed Englewood Cliffs Transportation Costs Vs. New Jersey
| Item | Englewood Cliffs | New Jersey |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
Detailed Englewood Cliffs Utilities Costs Vs. New Jersey
| Item | Englewood Cliffs | New Jersey |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
Englewood Cliffs SnackAbility
/10
Cost Of Living In Cities Around Englewood Cliffs
The cost of living varies in the cities and towns around Englewood Cliffs. Here's a quick look at the cost of living in the most populous nearby places:
Fort Lee, NJ has a cost of living index of 141, 0.6x Englewood Cliffs.
Englewood, NJ has a cost of living index of 144, 0.6x Englewood Cliffs.
Bergenfield, NJ has a cost of living index of 137, 0.6x Englewood Cliffs.
| City | Population | Cost Of Living | Vs. Englewood Cliffs |
|---|---|---|---|
| Fort Lee, NJ | 39,818 | 141 | 0.6x |
| Englewood, NJ | 29,342 | 144 | 0.6x |
| Bergenfield, NJ | 28,269 | 137 | 0.6x |
| Palisades Park, NJ | 20,192 | 163 | 0.7x |
| Dumont, NJ | 18,072 | 140 | 0.6x |
| Port Washington, NY | 17,613 | 194 | 0.8x |
| Tenafly, NJ | 15,252 | 210 | 0.9x |
| North New Hyde Park, NY | 14,354 | 178 | 0.7x |
| Leonia, NJ | 9,300 | 155 | 0.6x |
| Bogota, NJ | 9,110 | 134 | 0.6x |
