Englewood Cliffs, NJ vs Phillipsburg, NJ

The cost of living difference between Englewood Cliffs, NJ and Phillipsburg, NJ is dramatic. Phillipsburg is 196% cheaper than Englewood Cliffs, a gap that translates to thousands of dollars per year in household expenses. Englewood Cliffs has a cost index of 247 while Phillipsburg sits at 83, 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 Englewood Cliffs is $3,501/month compared to $1,118/month in Phillipsburg — a 213% difference. Home values follow the same pattern: Phillipsburg is more affordable at $180,700 median vs $1,232,700.

Median household income in Englewood Cliffs is $222,192 compared to $67,782 in Phillipsburg (+227.8%). While Englewood Cliffs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Englewood Cliffs spend roughly 18.9% of their income on rent, less than the 19.8% in Phillipsburg.