Englewood, NJ vs Hoboken, NJ

There is a significant gap in the cost of living between these two cities. Englewood is 29.4% cheaper than Hoboken. With a cost index of 139 vs 196, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Englewood to Hoboken should plan for substantially higher expenses across most categories.

On the housing front, median rent in Englewood is $1,925/month compared to $2,819/month in Hoboken — a 32% difference. Home values follow the same pattern: Englewood is more affordable at $497,500 median vs $872,100.

Median household income in Englewood is $101,398 compared to $176,943 in Hoboken (-42.7%). While Hoboken 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 19.1% in Hoboken.