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Cherry Hill, VA vs Fort Lee, VA

133
Cherry Hill
Virginia
VS
+16.3%
114
Fort Lee
Virginia

There is a significant gap in the cost of living between these two cities. Fort Lee is 16.3% cheaper than Cherry Hill. With a cost index of 114 vs 133, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fort Lee to Cherry Hill should plan for substantially higher expenses across most categories.

Renters will find that Cherry Hill has a median rent of $1,853/month while Fort Lee comes in at $1,813/month, a 2% difference.

Median household income in Cherry Hill is $119,474 compared to $81,105 in Fort Lee (+47.3%). While Cherry Hill is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cherry Hill spend roughly 18.6% of their income on rent, less than the 26.8% in Fort Lee.

Income & Cost

Cost of Living Index
Cherry Hill
133
Fort Lee
114
14% cheaper
Median Household Income
Cherry Hill
$119,474
32% higher
Fort Lee
$81,105

Housing

Median Rent
Cherry Hill
$1,853
Fort Lee
$1,813
2% cheaper
Median Home Value
Cherry Hill
$470,400
Fort Lee
Population
Cherry Hill
23,443
Fort Lee
8,318

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cherry Hill $3.26
Fort Lee $2.98
US $3.07
🥚
Eggs (grade A, large)
Cherry Hill $2.66
Fort Lee $2.43
US $2.50
🥛
Milk (whole)
Cherry Hill $4.28
Fort Lee $3.91
US $4.03
🍞
Bread (white)
Cherry Hill $1.97
Fort Lee $1.80
US $1.85
🍗
Chicken breast
Cherry Hill $4.41
Fort Lee $4.02
US $4.14
Electricity
Cherry Hill $0.20
Fort Lee $0.17
US $0.19