Englewood, NJ vs Hillsdale, NJ
Englewood, NJ and Hillsdale, NJ have a very similar cost of living, with only a 4.7% difference in their overall index. Englewood scores 139 while Hillsdale scores 145 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 Englewood is $1,925/month compared to $1,720/month in Hillsdale — a 12% difference. Interestingly, home values tell a different story: while Hillsdale has cheaper rent, Englewood actually has lower median home values ($497,500 vs $656,800).
Median household income in Englewood is $101,398 compared to $169,862 in Hillsdale (-40.3%). While Hillsdale 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 spend roughly 22.8% of their income on rent, more than the 12.2% in Hillsdale.
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