Fort Lee, NJ vs Princeton Meadows, NJ

Fort Lee is moderately more affordable than Princeton Meadows, with a 5.3% lower cost of living index. Fort Lee scores 142 compared to 150 for Princeton Meadows, where the US average is 100. This difference means residents of Princeton Meadows can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fort Lee is $2,255/month compared to $1,937/month in Princeton Meadows — a 16% difference. Interestingly, home values tell a different story: while Princeton Meadows has cheaper rent, Fort Lee actually has lower median home values ($422,200 vs $636,300).

Median household income in Fort Lee is $105,535 compared to $124,065 in Princeton Meadows (-14.9%). While Princeton Meadows is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fort Lee spend roughly 25.6% of their income on rent, more than the 18.7% in Princeton Meadows.