Englewood, NJ, shows a higher cost of living compared to the nationwide average. The cost of living index for Englewood stands at 113, which is 13% higher than the national average of 100. This increase is driven by higher housing costs, which are 20% higher, and groceries, which are 15% higher. Utilities, transportation, healthcare, and miscellaneous expenses also exceed the national average, though by smaller margins.
Englewood, NJ, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Englewood are 20% higher, with an index of 120. This means that housing expenses, such as rent and mortgage payments, are significantly more expensive than the national average. For groceries, the cost of living index is 15% higher, at 115. This indicates that residents will spend more on food items compared to the average American.
Utilities and miscellaneous costs in Englewood also exceed the national average. Utilities have a cost of living index of 110, which is 10% higher. This includes expenses for electricity, gas, water, and other services. Additionally, miscellaneous costs, which cover items like clothing, entertainment, and personal care, have an index of 110, also 10% higher. Transportation and healthcare costs are slightly above the national average, with indexes of 105, representing a 5% increase. These factors contribute to the overall higher cost of living in Englewood, NJ.
