Fort Lee, NJ vs Westmont, NJ

There is a significant gap in the cost of living between these two cities. Westmont is 19.8% cheaper than Fort Lee. With a cost index of 119 vs 142, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Westmont to Fort Lee should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fort Lee is $2,255/month compared to $1,728/month in Westmont — a 31% difference. Home values follow the same pattern: Westmont is more affordable at $374,300 median vs $422,200.

Median household income in Fort Lee is $105,535 compared to $111,589 in Westmont (-5.4%). Westmont 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 18.6% in Westmont.