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Cherry Hill Mall, NJ vs Forked River, NJ

124
Cherry Hill Mall
New Jersey
VS
-8.3%
135
Forked River
New Jersey

Cherry Hill Mall is moderately more affordable than Forked River, with a 8.3% lower cost of living index. Cherry Hill Mall scores 124 compared to 135 for Forked River, where the US average is 100. This difference means residents of Forked River can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cherry Hill Mall is $2,069/month compared to $2,071/month in Forked River — a 0% difference. Home values follow the same pattern: Cherry Hill Mall is more affordable at $313,000 median vs $404,600.

Median household income in Cherry Hill Mall is $117,535 compared to $87,455 in Forked River (+34.4%). Cherry Hill Mall offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cherry Hill Mall spend roughly 21.1% of their income on rent, less than the 28.4% in Forked River.

Income & Cost

Cost of Living Index
Cherry Hill Mall
124
8% cheaper
Forked River
135
Median Household Income
Cherry Hill Mall
$117,535
26% higher
Forked River
$87,455

Housing

Median Rent
Cherry Hill Mall
$2,069
Forked River
$2,071
Median Home Value
Cherry Hill Mall
$313,000
23% cheaper
Forked River
$404,600
Population
Cherry Hill Mall
14,827
Forked River
4,988

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cherry Hill Mall $3.01
Forked River $3.32
US $3.07
🥚
Eggs (grade A, large)
Cherry Hill Mall $2.46
Forked River $2.71
US $2.50
🥛
Milk (whole)
Cherry Hill Mall $3.95
Forked River $4.36
US $4.03
🍞
Bread (white)
Cherry Hill Mall $1.82
Forked River $2.00
US $1.85
🍗
Chicken breast
Cherry Hill Mall $4.07
Forked River $4.49
US $4.14
Electricity
Cherry Hill Mall $0.23
Forked River $0.24
US $0.19