Fort Lee, NJ vs Ocean Acres, NJ

Fort Lee, NJ and Ocean Acres, NJ have a very similar cost of living, with only a 4.1% difference in their overall index. Fort Lee scores 142 while Ocean Acres scores 137 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Fort Lee is $2,255/month compared to $2,240/month in Ocean Acres — a 1% difference. Home values follow the same pattern: Ocean Acres is more affordable at $359,200 median vs $422,200.

Median household income in Fort Lee is $105,535 compared to $117,739 in Ocean Acres (-10.4%). Ocean Acres offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fort Lee spend roughly 25.6% of their income on rent, more than the 22.8% in Ocean Acres.