Englewood, NJ vs Passaic, NJ
There is a significant gap in the cost of living between these two cities. Passaic is 20.6% cheaper than Englewood. With a cost index of 115 vs 139, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Passaic 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 $1,392/month in Passaic — a 38% difference. Home values follow the same pattern: Passaic is more affordable at $406,500 median vs $497,500.
Median household income in Englewood is $101,398 compared to $56,780 in Passaic (+78.6%). While Englewood 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, less than the 29.4% in Passaic.
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