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 233, with 100 being the average.
The cost of living index in Englewood Cliffs is 2.3x higher than the national average.
Englewood Cliffs ranks as the #250 cheapest in New Jersey out of 251.
Englewood Cliffs ranks as the #6,369 cheapest out of 6,412 in the US.
The median home value in Englewood Cliffs is $1,159,200.
The median income in Englewood Cliffs is $191,875.
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 233, which is 2.3x higher than the national index of 100.
Compared to New Jersey, Englewood Cliffs has a cost of living index that's 2.1x higher than New Jersey's index of 111.
The standard of living in Englewood Cliffs ranks as #250 most affordable out of the 251 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:
- Living In Englewood Cliffs
- Englewood Cliffs Crime Report
- Search Homes For Sale In Englewood Cliffs, NJ
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 131.
The Groceries index in Englewood Cliffs is 146.
The Health index in Englewood Cliffs is 109.
The Housing index in Englewood Cliffs is 474.
The Transportation index in Englewood Cliffs is 133.
The Utilities index in Englewood Cliffs is 97.
| Living Expense | Englewood Cliffs | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 233 | 111 | 100 | |
| Services | 131 | 104 | 100 | |
| Groceries | 146 | 104 | 100 | |
| Health | 109 | 95 | 100 | |
| Housing | 474 | 130 | 100 | |
| Transportation | 133 | 106 | 100 | |
| Utilities | 97 | 108 | 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 2017-2021. The key points are:
The Median Home Value in Englewood Cliffs is $1,159,200.
The Median Rent in Englewood Cliffs is $3,501.
The Median Income in Englewood Cliffs is $191,875.
The Home Value To Income in Englewood Cliffs is 6.0x.
The Rent To Monthly Income in Englewood Cliffs is 0.22x.
| Statistic | Englewood Cliffs | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $1,159,200 | $355,700 | $244,900 |
| Median Rent | $3,501 | $1,436 | $1,163 |
| Median Income | $191,875 | $89,703 | $69,021 |
| Home Value To Income | 6.0x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.19x | 0.2x |
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 | $1.67 | $1.06 |
| Movie | $16.31 | $10.68 |
| Bowling | $20.49 | $14.67 |
| Haircut | $23.25 | $18.62 |
| Beauty Salon | $60.79 | $39.05 |
Detailed Englewood Cliffs Groceries Costs Vs. New Jersey
| Item | Englewood Cliffs | New Jersey |
|---|---|---|
| Ground Beef | $6.4 | $4.22 |
| Fried Chicken | $2.65 | $1.39 |
| Milk | $3.11 | $2.05 |
| Potatoes | $4.16 | $3.29 |
| Pizza | $12.33 | $10.62 |
| Beer | $12.01 | $9.38 |
| Toothpaste | $4.42 | $2.34 |
Detailed Englewood Cliffs Health Costs Vs. New Jersey
| Item | Englewood Cliffs | New Jersey |
|---|---|---|
| Optometrist | $108.08 | $108.57 |
| Doctor | $106.72 | $116.17 |
| Dentist | $124.43 | $99.13 |
Detailed Englewood Cliffs Transportation Costs Vs. New Jersey
| Item | Englewood Cliffs | New Jersey |
|---|---|---|
| Gasoline | $2.62 | $2.22 |
| Tire Balancing | $80.22 | $50.07 |
Detailed Englewood Cliffs Utilities Costs Vs. New Jersey
| Item | Englewood Cliffs | New Jersey |
|---|---|---|
| All Electricity | $157.7 | $167.67 |
| Phone | $189.52 | $175.64 |
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 147, 0.6x Englewood Cliffs.
Bergenfield, NJ has a cost of living index of 141, 0.6x Englewood Cliffs.
| City | Population | Cost Of Living | Vs. Englewood Cliffs |
|---|---|---|---|
| Fort Lee, NJ | 39,701 | 141 | 0.6x |
| Englewood, NJ | 29,129 | 147 | 0.6x |
| Bergenfield, NJ | 28,282 | 141 | 0.6x |
| Palisades Park, NJ | 20,291 | 162 | 0.7x |
| Dumont, NJ | 17,965 | 143 | 0.6x |
| Port Washington, NY | 16,807 | 185 | 0.8x |
| Tenafly, NJ | 15,307 | 190 | 0.8x |
| North New Hyde Park, NY | 15,125 | 170 | 0.7x |
| Leonia, NJ | 9,283 | 160 | 0.7x |
| Cresskill, NJ | 9,096 | 173 | 0.7x |
