Cost of Living in Forked River, NJ

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

164.0

100 = national avg

+64.0 vs national average

Living Wage (1 Adult)

$72,172

per year

Living Wage (Family of 4)

$170,588

per year

Cost Index by Category

Housing
232.5
Food
116.8
Transportation
133.7
Healthcare
113.5
Utilities
136.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,889

per month

2 Bedroom

$2,328

per month

The overall cost of living index in Forked River is 164.0, which is 64.0% above the national average. Housing costs are above the national average at an index of 232.5. A single adult needs to earn approximately $72,172 per year to cover basic expenses.