Cost of Living in Fort Lee, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
183.0
100 = national avg
+83.0 vs national average
Living Wage (1 Adult)
$80,533
per year
Living Wage (Family of 4)
$190,351
per year
Cost Index by Category
Housing259.3
Food130.7
Transportation139.9
Healthcare124.5
Utilities150.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,024
per month
2 Bedroom
$2,324
per month
The overall cost of living index in Fort Lee is 183.0, which is 83.0% above the national average. Housing costs are above the national average at an index of 259.3. A single adult needs to earn approximately $80,533 per year to cover basic expenses.