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I have both in my house. The hardwood is going to be more costly and more of a project but will last and will be good for decades.
The engineered is good but it is not bulletproof. If the surface gets damaged there is not option to re-sand and finish. It is also not impervious to water or other liquids, it will resist damage but if wetness gets into the seams it can swell.
Both have a place and work well so it may come down to your budget and which you like the looks of.
BTW I have hardwood on the main floor and formal areas and engineered in the upstairs game room and kids rooms.
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