States › New Jersey › Englewood Cliffs

Is Englewood Cliffs, NJ expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,500+100% higher than U.S. average
💵 Families earn per year (2026)$248,714about $20,726/month · 186% higher than U.S. average
🔑 House price$1,401,600321% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 99% of U.S. cities. A typical house costs about 5.6 years of household income. Commutes are long, about 35.8 minutes each way. Most homes (83.5%) are owned, so rentals can be hard to find. It is a highly educated city: 74.7% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $140,040 a year. That is $67 an hour at a full-time job.

Is rent cheaper than other New Jersey cities?

No. Rent here is more expensive than in most of New Jersey. It is number 282 of 291 cities from cheapest to most expensive.

Englewood Cliffs
$3,500+
$2,412
$2,235
$1,290
$1,088
$1,494

How much do households earn in Englewood Cliffs?

Under $25k
4.0%
$25k–50k
9.8%
$50k–100k
14.9%
$100k–150k
11.8%
$150k+
58.7%

Share of households by yearly income. 70.5% of households earn $100,000 or more.

Rent by apartment size in Englewood Cliffs

SizeEnglewood CliffsU.S. average
1 bedroom$2,420$1,324
3 bedrooms$3,500+$1,698
4 bedrooms$3,500+$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Englewood Cliffs overall?

Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).

Housing
134
Goods (food, clothes…)
107
Utilities
114
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Englewood Cliffs, so the New Jersey figure is shown.

Taxes and bills in Englewood Cliffs

🏛️ Property tax$10,000+a year · 0.71% of home value · U.S. $3,119
⚡ Electric bill$273a month (typical) · U.S. $156

Life in Englewood Cliffs

Commute to work35.8 minU.S.: 26.4 min
College degree74.7%U.S.: 35.7%
Own their home83.5%U.S.: 65.2%
Below poverty line5.2%U.S.: 12.5%
Unemployment4.8%U.S.: 5.2%

Is it cheaper to rent or buy in Englewood Cliffs?

Renting is cheaper right now: about $6,224 a month less.

Renting
$3,500+
Owning
$9,725

Owning assumes a typical $1,401,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $140,160 for the down payment.

Frequently asked questions

What is the average rent in Englewood Cliffs, NJ?

Renting in Englewood Cliffs costs a median of about $3,500+ a month in 2026, including utilities. The New Jersey median is $2,240.

How much do I need to make to live in Englewood Cliffs?

To keep rent under 30% of income, you need about $140,040 a year, or $67 an hour at a full-time job.

Is Englewood Cliffs cheap or expensive?

Englewood Cliffs is rated Cheap: rent takes 16.9% of the typical household income of $248,714. It ranks 282nd cheapest of 291 New Jersey cities we track.

How much are property taxes in Englewood Cliffs?

The median homeowner in Englewood Cliffs pays $10,000+ a year in property taxes, about 0.71% of the median home value.

Is Englewood Cliffs more expensive than the national average?

Overall prices in New Jersey are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Englewood Cliffs?

The median home value in Englewood Cliffs is $1,401,600, about 5.6 times the typical yearly household income.

5,362 people live in Englewood Cliffs. Numbers are typical (middle) values.