Englewood, NJ Cost Of Living
Cost Of Living In Englewood, NJ Summary
Cost of living in Englewood 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 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 is 144, with 100 being the average.
The cost of living index in Englewood is 1.4x higher than the national average.
Englewood ranks as the #190 cheapest in New Jersey out of 260.
Englewood ranks as the #5,533 cheapest out of 6,489 in the US.
The median home value in Englewood is $623,668.
The median income in Englewood is $101,398.
Table Of Contents
Englewood's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Englewood, NJ?
According to the most recent data on the cost of living, Englewood has an overall cost of living index of 144, which is 1.4x higher than the national index of 100.
Compared to New Jersey, Englewood has a cost of living index that's 1.2x higher than New Jersey's index of 122.
The standard of living in Englewood ranks as #190 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Englewood ranks as the #70 most expensive place in the Garden State.
For more reading on life in Englewood, check out:
In New Jersey
In America
Englewood Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Englewood. Here is how it fairs on each of the criteria:
The Services index in Englewood is 128.
The Groceries index in Englewood is 112.
The Health index in Englewood is 123.
The Housing index in Englewood is 200.
The Transportation index in Englewood is 113.
The Utilities index in Englewood is 104.
| Living Expense | Englewood | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 144 | 122 | 100 | |
| Services | 128 | 108 | 100 | |
| Groceries | 112 | 104 | 100 | |
| Health | 123 | 99 | 100 | |
| Housing | 200 | 159 | 100 | |
| Transportation | 113 | 101 | 100 | |
| Utilities | 104 | 107 | 100 | |
Englewood, 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 is $623,668.
The Median Rent in Englewood is $1,925.
The Median Income in Englewood is $101,398.
The Home Value To Income in Englewood is 6.2x.
The Rent To Monthly Income in Englewood is 0.23x.
| Statistic | Englewood | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $623,668 | $564,432 | $303,400 |
| Median Rent | $1,925 | $1,653 | $1,348 |
| Median Income | $101,398 | $101,050 | $78,538 |
| Home Value To Income | 6.2x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Englewood, NJ Costs By Category
Detailed Englewood Services Costs Vs. New Jersey
| Item | Englewood | 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 Groceries Costs Vs. New Jersey
| Item | Englewood | 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 Health Costs Vs. New Jersey
| Item | Englewood | New Jersey |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
Detailed Englewood Transportation Costs Vs. New Jersey
| Item | Englewood | New Jersey |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
Detailed Englewood Utilities Costs Vs. New Jersey
| Item | Englewood | New Jersey |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
Englewood SnackAbility
/10
Cost Of Living In Cities Around Englewood
The cost of living varies in the cities and towns around Englewood. Here's a quick look at the cost of living in the most populous nearby places:
Hackensack, NJ has a cost of living index of 134, 0.9x Englewood.
Fort Lee, NJ has a cost of living index of 141, 1.0x Englewood.
Bergenfield, NJ has a cost of living index of 137, 1.0x Englewood.
| City | Population | Cost Of Living | Vs. Englewood |
|---|---|---|---|
| Hackensack, NJ | 45,768 | 134 | 0.9x |
| Fort Lee, NJ | 39,818 | 141 | 1.0x |
| Bergenfield, NJ | 28,269 | 137 | 1.0x |
| Palisades Park, NJ | 20,192 | 163 | 1.1x |
| Port Washington, NY | 17,613 | 194 | 1.3x |
| Tenafly, NJ | 15,252 | 210 | 1.5x |
| North New Hyde Park, NY | 14,354 | 178 | 1.2x |
| Ridgefield Park, NJ | 13,167 | 140 | 1.0x |
| Leonia, NJ | 9,300 | 155 | 1.1x |
| Bogota, NJ | 9,110 | 134 | 0.9x |
