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 147, with 100 being the average.
The cost of living index in Englewood is 1.5x higher than the national average.
Englewood ranks as the #193 cheapest in New Jersey out of 251.
Englewood ranks as the #5,771 cheapest out of 6,412 in the US.
The median home value in Englewood is $410,200.
The median income in Englewood is $91,164.
According to the most recent data on the cost of living, Englewood has an overall cost of living index of 147, which is 1.5x higher than the national index of 100.
Compared to New Jersey, Englewood has a cost of living index that's 1.3x higher than New Jersey's index of 111.
The standard of living in Englewood ranks as #193 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Englewood ranks as the #58 most expensive place in the Garden State.
For more reading on life in Englewood, check out:
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 131.
The Groceries index in Englewood is 147.
The Health index in Englewood is 112.
The Housing index in Englewood is 190.
The Transportation index in Englewood is 130.
The Utilities index in Englewood is 100.
Living Expense | Englewood | New Jersey | National Average | |
---|---|---|---|---|
Overall | 147 | 111 | 100 | |
Services | 131 | 104 | 100 | |
Groceries | 147 | 104 | 100 | |
Health | 112 | 95 | 100 | |
Housing | 190 | 130 | 100 | |
Transportation | 130 | 106 | 100 | |
Utilities | 100 | 108 | 100 |
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 is $410,200.
The Median Rent in Englewood is $1,573.
The Median Income in Englewood is $91,164.
The Home Value To Income in Englewood is 4.5x.
The Rent To Monthly Income in Englewood is 0.21x.
Statistic | Englewood | New Jersey | United States |
---|---|---|---|
Median Home Value | $410,200 | $355,700 | $244,900 |
Median Rent | $1,573 | $1,436 | $1,163 |
Median Income | $91,164 | $89,703 | $69,021 |
Home Value To Income | 4.5x | 4.0x | 3.5x |
Rent To Monthly Income | 0.21x | 0.19x | 0.2x |
Item | Englewood | 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 |
Item | Englewood | 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 |
Item | Englewood | New Jersey |
---|---|---|
Optometrist | $108.08 | $108.57 |
Doctor | $106.72 | $116.17 |
Dentist | $124.43 | $99.13 |
Item | Englewood | New Jersey |
---|---|---|
Gasoline | $2.62 | $2.22 |
Tire Balancing | $80.22 | $50.07 |
Item | Englewood | New Jersey |
---|---|---|
All Electricity | $157.7 | $167.67 |
Phone | $189.52 | $175.64 |
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 141, 1.0x Englewood.
City | Population | Cost Of Living | Vs. Englewood |
---|---|---|---|
Hackensack, NJ | 45,723 | 134 | 0.9x |
Fort Lee, NJ | 39,701 | 141 | 1.0x |
Bergenfield, NJ | 28,282 | 141 | 1.0x |
Palisades Park, NJ | 20,291 | 162 | 1.1x |
Port Washington, NY | 16,807 | 185 | 1.3x |
Tenafly, NJ | 15,307 | 190 | 1.3x |
North New Hyde Park, NY | 15,125 | 170 | 1.2x |
Ridgefield Park, NJ | 13,202 | 141 | 1.0x |
Leonia, NJ | 9,283 | 160 | 1.1x |
Cresskill, NJ | 9,096 | 173 | 1.2x |