Housing costs in Fort Lee?
A typical home costs
$550,100, which is 62.7% more expensive than the national average of
$338,100 and 27.3% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Fort Lee costs
$2,620 per month, which is 83.2% more than the national average of
$1,430 and 34.7% more than the state average of
$1,710.
Can I afford Fort Lee?
To live comfortably in Fort Lee, New Jersey, a minimum annual income of
$105,480 for a family, and
$90,400 for a single person is recommended.
What does A.I. say about Fort Lee?
Fort Lee, NJ has a relatively high cost of living compared to the national average. The median home value is $518,100, and the median monthly rent is around $2,400. Utilities can run anywhere from $150 to $200 or more depending on usage. Groceries are also higher than the national average, with an average of around $4.00 per gallon for gasoline as well as higher prices for food items. Transportation costs are also higher than the national average; many people in Fort Lee rely on public transportation due to the cost of operating a vehicle. All in all, Fort Lee residents will find that their cost of living is slightly above the national average.