Englewood, NJ vs Totowa, NJ
Englewood, NJ and Totowa, NJ have a very similar cost of living, with only a 4.4% difference in their overall index. Englewood scores 139 while Totowa scores 133 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 $1,703/month in Totowa — a 13% difference. Interestingly, home values tell a different story: while Totowa has cheaper rent, Englewood actually has lower median home values ($497,500 vs $507,700).
Median household income in Englewood is $101,398 compared to $114,177 in Totowa (-11.2%). Totowa 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 17.9% in Totowa.
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