Housing costs in Fort Lee?
A typical home costs
$544,600, which is 61.1% more expensive than the national average of
$338,100 and 26.0% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Fort Lee costs
$2,630 per month, which is 53.8% more than the national average of
$1,710 and 17.5% more than the state average of
$2,170.
Can I afford Fort Lee?
To live comfortably in Fort Lee (zip 07024), New Jersey, a minimum annual income of
$104,400 for a family, and
$90,800 for a single person is recommended.
What does A.I. say about Fort Lee?
The cost of living in 07024 Fort Lee, NJ is quite high compared to other parts of the country. The median home value is around $572,400, which is more than double the national median home value. The cost of living index is also high at 115.9, above the national average. This means that items such as housing, utilities, transportation and healthcare are all more expensive than the national average. It is important to consider these costs if you are considering moving to this area of New Jersey.