Beachwood, NJ vs Englewood, NJ

Beachwood, NJ and Englewood, NJ have a very similar cost of living, with only a 4.4% difference in their overall index. Beachwood scores 132 while Englewood scores 139 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Beachwood is $2,236/month compared to $1,925/month in Englewood — a 16% difference. Interestingly, home values tell a different story: while Englewood has cheaper rent, Beachwood actually has lower median home values ($307,500 vs $497,500).

Median household income in Beachwood is $102,043 compared to $101,398 in Englewood (+0.6%). Beachwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Beachwood spend roughly 26.3% of their income on rent, more than the 22.8% in Englewood.