Fort Lee, NJ vs West Freehold, NJ

Fort Lee, NJ and West Freehold, NJ have a very similar cost of living, with only a 1.7% difference in their overall index. Fort Lee scores 142 while West Freehold scores 145 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 $2,107/month in West Freehold — a 7% difference. Interestingly, home values tell a different story: while West Freehold has cheaper rent, Fort Lee actually has lower median home values ($422,200 vs $507,600).

Median household income in Fort Lee is $105,535 compared to $120,570 in West Freehold (-12.5%). While West Freehold 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 21% in West Freehold.