Fort Lee, NJ Cost Of Living

The latest cost of living statistics for Fort Lee. Includes statistics on rent, mortgages, healthcare, and other costs for Fort Lee compared to the state and national averages.

Cost of living in Fort Lee, New Jersey

Cost of living in Fort Lee research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fort Lee is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in New Jersey, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

135 Cost of living index 1.4x higher vs US
#146 Cheapest in New Jersey (of 262)
#5,183 Cheapest in the U.S. (of 6,489)
$588,321 Median home value
$2,270 Median rent
$107,274 Median income
Not sure Fort Lee fits your budget? Try our place-match quiz →

What is the cost of living in Fort Lee, NJ?

According to the most recent data on the cost of living, Fort Lee has an overall cost of living index of 135, which is 1.4x higher than the national index of 100.

Compared to New Jersey, Fort Lee has a cost of living index that's 1.1x higher than New Jersey's index of 125.

The standard of living in Fort Lee ranks as #146 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Fort Lee ranks as the #116 most expensive place in the Garden State.

For more reading on life in Fort Lee, check out:

Fort Lee Cost Of Living Vs. New Jersey

Six factors go into calculating the cost of living index in Fort Lee. Here is how it fares on each of the criteria:

  • The Services index in Fort Lee is 105.

  • The Groceries index in Fort Lee is 113.

  • The Health index in Fort Lee is 194.

  • The Housing index in Fort Lee is 115.

  • The Transportation index in Fort Lee is 109.

  • The Utilities index in Fort Lee is 109.

Living Expense Fort Lee New Jersey National Average
Overall 135 125 100
Services 105 107 100
Groceries 113 113 100
Health 194 155 100
Housing 115 116 100
Transportation 109 112 100
Utilities 109 113 100

Fort Lee Cost Of Living Compared To New Jersey Averages

Services
Fort Lee 105
New Jersey avg 107
Groceries
Fort Lee 113
New Jersey avg 113
Health
Fort Lee 194
New Jersey avg 155
Housing
Fort Lee 115
New Jersey avg 116
Transportation
Fort Lee 109
New Jersey avg 112
Utilities
Fort Lee 109
New Jersey avg 113

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around New Jersey, check out:

Protect your home budget Compare home warranties in Fort Lee Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

Fort Lee, NJ Housing Cost Breakdown

$588,321Median Home Value
$2,270Median Rent
$107,274Median Income

Housing swings affordability the most between places in New Jersey, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Fort Lee is $588,321.

  • The Median Rent in Fort Lee is $2,270.

  • The Median Income in Fort Lee is $107,274.

  • The Home Value To Income in Fort Lee is 5.5x.

  • The Rent To Monthly Income in Fort Lee is 0.25x.

Statistic Fort Lee New Jersey United States
Median Home Value $588,321 $569,411 $332,700
Median Rent $2,270 $1,720 $1,413
Median Income $107,274 $103,556 $80,734
Home Value To Income 5.5x 5.5x 4.1x
Rent To Monthly Income 0.25x 0.2x 0.21x

Fort Lee, NJ Costs By Category

Detailed Fort Lee Services costs vs. New Jersey
Item Fort Lee New Jersey
Shampoo $1.69 $1.28
Movie $13.68 $12.13
Bowling $29.4 $18
Haircut $34.94 $24.26
Beauty Salon $64.07 $45.56
Detailed Fort Lee Groceries costs vs. New Jersey
Item Fort Lee New Jersey
Ground Beef $5.87 $5.84
Fried Chicken $1.46 $1.57
Milk $4.97 $4.67
Potatoes $5.21 $4.93
Pizza $12.57 $12.09
Beer $11.87 $10.41
Toothpaste $3.96 $3.7
Detailed Fort Lee Health costs vs. New Jersey
Item Fort Lee New Jersey
Optometrist $128.97 $125.68
Doctor $162.24 $135.78
Dentist $149.64 $113.29
Detailed Fort Lee Transportation costs vs. New Jersey
Item Fort Lee New Jersey
Gasoline $3.55 $3.46
Tire Balancing $86.43 $59.92
Detailed Fort Lee Utilities costs vs. New Jersey
Item Fort Lee New Jersey
All Electricity $201.27 $193.99
Phone $200.67 $192.25

Fort Lee SnackAbility

9Overall SnackAbility
Jobs 8.5/10
Housing 9/10
Affordability 4/10
Diversity 9.5/10
Safety 8/10
Amenities 10/10
Education 9/10
Commute 3/10

Cost Of Living In Cities Around Fort Lee

The cost of living varies in the cities and towns around Fort Lee. Here's a quick look at the cost of living in the most populous nearby places:

  • Englewood, NJ has a cost of living index of 136, 1.0x Fort Lee.

  • Cliffside Park, NJ has a cost of living index of 145, 1.1x Fort Lee.

  • Palisades Park, NJ has a cost of living index of 160, 1.2x Fort Lee.

City Population Cost Of Living Vs. Fort Lee
Englewood, NJ 29,638 136 1.0x
Cliffside Park, NJ 25,781 145 1.1x
Palisades Park, NJ 20,290 160 1.2x
Woodmere, NY 18,061 186 1.4x
Port Washington, NY 18,004 196 1.5x
Fairview, NJ 15,099 151 1.1x
Edgewater, NJ 14,759 174 1.3x
North New Hyde Park, NY 14,159 169 1.3x
Ridgefield Park, NJ 13,235 131 1.0x
Ridgefield, NJ 11,498 149 1.1x