Englewood, NJ vs Waldwick, NJ
There is a significant gap in the cost of living between these two cities. Englewood is 24.4% cheaper than Waldwick. With a cost index of 139 vs 183, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Englewood to Waldwick should plan for substantially higher expenses across most categories.
On the housing front, median rent in Englewood is $1,925/month compared to $3,189/month in Waldwick — a 40% difference. Home values follow the same pattern: Englewood is more affordable at $497,500 median vs $576,200.
Median household income in Englewood is $101,398 compared to $155,526 in Waldwick (-34.8%). While Waldwick 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 24.6% in Waldwick.
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