Cost of living in Fort Lee
Fort Lee, located in New Jersey, is a vibrant city known for its proximity to New York City and its diverse community. Understanding the cost of living in Fort Lee is crucial for anyone considering moving to or residing in the area.
This guide provides a detailed breakdown of various expenses, including housing, transportation, groceries, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $13 and $35.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $80, with prices ranging from $60 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.5, with a range between $10 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.5 to $10, imported beer $8 to $13, cappuccino $3 to $8, and Coke/Pepsi $2 to $3.
Grocery Prices
- Milk - Milk is priced between $0.82 and $1.74 per liter, averaging $1.32.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.76 and $8, with an average price of $4.23.
- Eggs (Dozen) - A dozen eggs range from $2.19 to $6.98, averaging $4.
- Fruits (e.g., Apples, Oranges) - Apples cost $2 to $6.59 per kg, while oranges range from $2 to $6.61 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.32 and $4.41 per kg, and lettuce costs $1.5 to $4.99 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $2.75.
- Fuel (Gasoline) - Gasoline is priced between $0.82 and $1.19 per liter.
- Taxi Fares - Taxi fares start at $3, with a cost of $2.05 per km and $24 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1200 to $1900, averaging $1633.33.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1150.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $3200 to $3400, averaging $3300.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $2800.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $65.38 and $300, averaging $118.73.
- Internet - Internet services range from $40 to $75, with an average cost of $53.33.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Fort Lee offers a relatively high cost of living, particularly in terms of housing and dining expenses. However, transportation and utility costs are moderate.
For those looking to save, consider dining at less expensive restaurants and exploring housing options outside the city centre.
Conclusion
In conclusion, Fort Lee presents a dynamic living environment with a cost of living that reflects its proximity to New York City.
While housing and dining can be costly, strategic choices in transportation and grocery shopping can help manage expenses effectively.