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Forked River, NJ vs Hopatcong, NJ

135
Forked River
New Jersey
VS
+19.9%
113
Hopatcong
New Jersey

There is a significant gap in the cost of living between these two cities. Hopatcong is 19.9% cheaper than Forked River. With a cost index of 113 vs 135, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hopatcong to Forked River should plan for substantially higher expenses across most categories.

On the housing front, median rent in Forked River is $2,071/month compared to $1,563/month in Hopatcong — a 33% difference. Home values follow the same pattern: Hopatcong is more affordable at $318,600 median vs $404,600.

Median household income in Forked River is $87,455 compared to $114,057 in Hopatcong (-23.3%). Hopatcong offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Forked River spend roughly 28.4% of their income on rent, more than the 16.4% in Hopatcong.

Income & Cost

Cost of Living Index
Forked River
135
Hopatcong
113
17% cheaper
Median Household Income
Forked River
$87,455
Hopatcong
$114,057
23% higher

Housing

Median Rent
Forked River
$2,071
Hopatcong
$1,563
25% cheaper
Median Home Value
Forked River
$404,600
Hopatcong
$318,600
21% cheaper
Population
Forked River
4,988
Hopatcong
14,470

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Forked River $3.32
Hopatcong $3.32
US $3.07
🥚
Eggs (grade A, large)
Forked River $2.71
Hopatcong $2.71
US $2.50
🥛
Milk (whole)
Forked River $4.36
Hopatcong $4.36
US $4.03
🍞
Bread (white)
Forked River $2.00
Hopatcong $2.00
US $1.85
🍗
Chicken breast
Forked River $4.49
Hopatcong $4.49
US $4.14
Electricity
Forked River $0.24
Hopatcong $0.24
US $0.19