Englewood, NJ vs Wanaque, NJ

Wanaque is moderately more affordable than Englewood, with a 9.5% lower cost of living index. Englewood scores 139 compared to 127 for Wanaque, where the US average is 100. This difference means residents of Englewood 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 $1,885/month in Wanaque — a 2% difference. Home values follow the same pattern: Wanaque is more affordable at $366,400 median vs $497,500.

Median household income in Englewood is $101,398 compared to $112,326 in Wanaque (-9.7%). Wanaque 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 20.1% in Wanaque.