Town40,191 people

Fort Lee borough, NJ

Discover how far your salary goes in Fort Lee borough. Compare taxes, rent, and living costs.

Cost Index
170
💰 Expensive
Population

40,191

State Tax

10.8%

1BR Rent

$1,995

/month

vs National

+43%

above avg

How far would your salary go in Fort Lee borough?

Enter your income to get a personalized breakdown vs 50+ cities

Calculate Now

Rent Prices in Fort Lee borough

🏠

Studio

$1,596

/month

$19,152/year

Most Common
🛏️

1 Bedroom

$1,995

/month

$23,940/year

🏡

2 Bedroom

$2,693

/month

$32,316/year

🏘️

3 Bedroom

$3,491

/month

$41,892/year

Taxes in New Jersey

State Income Tax

New Jersey

10.8%

For a $100k salary, that's ~$10,750/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Fort Lee borough, NJ?

Fort Lee borough has a cost of living index of 170, which is 70% above the national average. A 1-bedroom apartment costs around $1,995/month.

What is the state income tax in New Jersey?

New Jersey has a state income tax rate of approximately 10.8%. This is in addition to federal income tax.

How much is rent in Fort Lee borough?

The median rent for a 1-bedroom apartment in Fort Lee borough is $1,995/month. For a 2-bedroom, expect to pay around $2,693/month. This is 43% above the national average.

Is Fort Lee borough a good place to live?

Fort Lee borough is a town with a population of 40,191. The cost of living is expensive, making it more expensive than average for the US.

See the complete picture for Fort Lee borough

Our free calculator shows your exact take-home pay, tax breakdown, and how Fort Lee borough compares to 50+ other cities.

Calculate My Salary

Free • No signup • 10 seconds