Englewood, NJ vs River Edge, NJ

Englewood is moderately more affordable than River Edge, with a 5.5% lower cost of living index. Englewood scores 139 compared to 147 for River Edge, where the US average is 100. This difference means residents of River Edge can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Englewood is $1,925/month compared to $1,811/month in River Edge — a 6% difference. Interestingly, home values tell a different story: while River Edge has cheaper rent, Englewood actually has lower median home values ($497,500 vs $637,500).

Median household income in Englewood is $101,398 compared to $155,827 in River Edge (-34.9%). While River Edge 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 13.9% in River Edge.