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The tradeoff is a cost of living thats 222% higher than the national average.
Housing costs alone are 722% above average.
Today, you still need anaristocratic nest eggto retire in this tiny Jersey Shore colony.
The cost of living there is 97% above the national average.
Goods and services cost 27% more than average.
At 281% above the national average, however, housing is the big killer.
If you have the cash, however, its a beautiful place to retire.
Niche wrote, In Englewood Cliffs, there are a lot ofrestaurants and parks.
Many retirees live in Englewood Cliffs, and residents tend to have moderate political views.
The public schools in Englewood Cliffs are highly rated.
Methodology: GOBankingRates analyzed cities across the country to find replacement retirement cities for unaffordable cities.
The total monthly cost of living can be calculated by using the average expenditure and the average mortgage costs.
All data was collected on and is up to date as of July 8, 2024.
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