Housing costs in Forked River?
A typical home costs
$366,800, which is 8.5% more expensive than the national average of
$338,100 and 15.1% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Forked River costs
$1,770 per month, which is 23.8% more than the national average of
$1,430 and 3.4% more than the state average of
$1,710.
Can I afford Forked River?
To live comfortably in Forked River, New Jersey, a minimum annual income of
$70,200 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about Forked River?
Forked River, NJ is quite affordable when it comes to the cost of living. The median home value in Forked River is $284,400 which is significantly lower than the New Jersey average of $321,500. Rent prices are also quite affordable with a median rent value of $1,287 compared to the state average of $1,494. Food and groceries are also very reasonable in this area with an index score of 97.1 which is cheaper than the national average. All in all, Forked River has a relatively low cost of living ideal for those looking to save money without sacrificing quality of life.