Dumont, NJ vs Fort Lee, NJ

Dumont is moderately more affordable than Fort Lee, with a 7.4% lower cost of living index. Dumont scores 132 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 Dumont is $1,778/month compared to $2,255/month in Fort Lee — a 21% difference. Interestingly, home values tell a different story: while Dumont has cheaper rent, Fort Lee actually has lower median home values ($422,200 vs $469,900).

Median household income in Dumont is $125,585 compared to $105,535 in Fort Lee (+19%). Dumont offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Dumont spend roughly 17% of their income on rent, less than the 25.6% in Fort Lee.