Englewood, NJ vs Oak Ridge, NJ
There is a significant gap in the cost of living between these two cities. Oak Ridge is 21.9% cheaper than Englewood. With a cost index of 114 vs 139, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oak Ridge to Englewood should plan for substantially higher expenses across most categories.
On the housing front, median rent in Englewood is $1,925/month compared to $1,320/month in Oak Ridge — a 46% difference. Home values follow the same pattern: Oak Ridge is more affordable at $417,300 median vs $497,500.
Median household income in Englewood is $101,398 compared to $118,718 in Oak Ridge (-14.6%). Oak Ridge offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Englewood spend roughly 22.8% of their income on rent, more than the 13.3% in Oak Ridge.
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