Cherry Hill Mall, NJ vs Englewood Cliffs, NJ

The cost of living difference between Cherry Hill Mall, NJ and Englewood Cliffs, NJ is dramatic. Cherry Hill Mall is 49.6% cheaper than Englewood Cliffs, a gap that translates to thousands of dollars per year in household expenses. Cherry Hill Mall has a cost index of 124 while Englewood Cliffs sits at 247, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Cherry Hill Mall is $2,069/month compared to $3,501/month in Englewood Cliffs — a 41% difference. Home values follow the same pattern: Cherry Hill Mall is more affordable at $313,000 median vs $1,232,700.

Median household income in Cherry Hill Mall is $117,535 compared to $222,192 in Englewood Cliffs (-47.1%). The higher salaries in Englewood Cliffs partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cherry Hill Mall spend roughly 21.1% of their income on rent, more than the 18.9% in Englewood Cliffs.