Collingswood, NJ vs Fort Lee, NJ

There is a significant gap in the cost of living between these two cities. Collingswood is 24.7% cheaper than Fort Lee. With a cost index of 107 vs 142, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Collingswood to Fort Lee should plan for substantially higher expenses across most categories.

On the housing front, median rent in Collingswood is $1,420/month compared to $2,255/month in Fort Lee — a 37% difference. Home values follow the same pattern: Collingswood is more affordable at $346,300 median vs $422,200.

Median household income in Collingswood is $83,917 compared to $105,535 in Fort Lee (-20.5%). The higher salaries in Fort Lee partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Collingswood spend roughly 20.3% of their income on rent, less than the 25.6% in Fort Lee.