Avenel, NJ vs Fort Lee, NJ

Avenel is moderately more affordable than Fort Lee, with a 12.9% lower cost of living index. Avenel scores 124 compared to 142 for Fort Lee, where the US average is 100. This difference means residents of Fort Lee can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Avenel is $1,839/month compared to $2,255/month in Fort Lee — a 18% difference. Home values follow the same pattern: Avenel is more affordable at $351,200 median vs $422,200.

Median household income in Avenel is $95,935 compared to $105,535 in Fort Lee (-9.1%). The higher salaries in Fort Lee partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Avenel spend roughly 23% of their income on rent, less than the 25.6% in Fort Lee.