Housing costs in Englewood Cliffs?
A typical home costs
$1,318,500, which is 290.0% more expensive than the national average of
$338,100 and 205.1% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Englewood Cliffs costs
$2,670 per month, which is 86.7% more than the national average of
$1,430 and 36.0% more than the state average of
$1,710.
Can I afford Englewood Cliffs?
To live comfortably in Englewood Cliffs, New Jersey, a minimum annual income of
$252,720 for a family, and
$92,000 for a single person is recommended.
What does A.I. say about Englewood Cliffs?
Englewood Cliffs, NJ is known for its high cost of living. The median home value in the town is approximately $1.24 million and the median rent is $3,500 per month. This is considerably more expensive than other towns in the area, with the average cost of rent in nearby Hackensack being around $1,400 per month. The cost of groceries and other necessary items are also significantly higher due to the affluent population of Englewood Cliffs. Despite this, many people who live here consider it a great place to live because of its access to New York City and excellent schools and parks.