Zip 08731 (Forked River, NJ) Cost of Living


1 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Forked River, New Jersey?
$6,330 / month
for a family, 17.2% more expensive than the national average A total of $75,960 for the year for a family.
$4,600 / month
for a single person, 3.5% less expensive than the national average A total of $55,200 for the year for a single person.

Forked River cost of living score
111.9
More expensive
11.9% higher
than the US average
6.6% lower
than the New Jersey average
Forked River (zip 08731), New Jersey gets a BestPlaces Cost of Living score of 111.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.9% higher than the U.S. average and 6.6% higher than the average for New Jersey.

Zip 08731 (Forked River, NJ)

Housing costs in Forked River?
A typical home costs $396,200, which is 17.2% more expensive than the national average of $338,100 and 8.3% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Forked River costs $1,730 per month, which is 21.0% more than the national average of $1,430 and close to the state average of $1,710.

Can I afford Forked River?
To live comfortably in Forked River (zip 08731), New Jersey, a minimum annual income of $75,960 for a family, and $55,200 for a single person is recommended.

What does A.I. say about Forked River?
The cost of living in Forked River, NJ is slightly lower than the national average. According to one recent survey, the overall cost of living in Forked River is 3% lower than the national average. Housing costs are roughly 10% lower than the national average, while transportation and health care costs are both slightly higher than the national averages. Overall, the cost of living in Forked River is affordable compared to most other places in New Jersey.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesForked RiverNew JerseyUnited States
    Unlock119.8100.0
  103.3  Unlock100.0
    Unlock96.9100.0
  114.8  Unlock100.0
    Unlock$432,100$338,100
  105.5  Unlock100.0
    Unlock127.7100.0
  101.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Forked River
    See all (1)

Over 4 years ago

I lived in FR for 5 years. I purchased there as it was cheap waterfront. Unfortunately, you get what you pay for. From the day I made that mistaken purchase, the  More

   |    Reply

Start Your Review of Forked River

Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.