Housing costs in Englewood Cliffs?
A typical home costs
$1,276,300, which is 277.5% more expensive than the national average of
$338,100 and 195.4% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Englewood Cliffs costs
$2,790 per month, which is 63.2% more than the national average of
$1,710 and 22.2% more than the state average of
$2,170.
Can I afford Englewood Cliffs?
To live comfortably in Englewood Cliffs (zip 07632), New Jersey, a minimum annual income of
$244,440 for a family, and
$96,400 for a single person is recommended.
What does A.I. say about Englewood Cliffs?
The cost of living in 07632 Englewood Cliffs, NJ is quite expensive. According to BestPlaces, the cost of living index for this area is 129.1, which is higher than the US average of 100. Despite the high cost of living, Englewood Cliffs offers an excellent quality of life. The median home price is around $768,000 and the median rent price is around $2,400. This high cost of living is due to its desirable location; it's close to New York City and has easy access to nearby shopping centers and other amenities that make it a desirable place to live.