Cost of Living: Paterson, NJ vs Toms River, NJ
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,144/mo in Paterson, NJ versus $4,144/mo in Toms River, NJ. In the model, rent is about 21.22% of gross in Paterson, NJ versus 24.45% in Toms River, NJ, so Paterson, NJ tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Paterson, NJ and Toms River, NJ.
At a glance
- Cheaper overall (lower cost-of-living index): Toms River, NJ
- Lower rent (median 1BR/2BR): Paterson, NJ
- Lower home prices: Paterson, NJ
- Higher median household income: Toms River, NJ
Cost of Living Index
Paterson, NJ: 100 (U.S. = 100) · Toms River, NJ: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Paterson, NJ: $1,384/mo (midpoint of 1BR/2BR) · Toms River, NJ: $1,594/mo
Median rent in Toms River, NJ is $210/mo higher than in Paterson, NJ.
Median Home Price
Paterson, NJ: $335,400 · Toms River, NJ: $377,800
Median home price in Toms River, NJ is $42,400 higher than in Paterson, NJ.
Median Household Income
Paterson, NJ: $53,766 · Toms River, NJ: $95,759
Toms River, NJ has a higher median household income than Paterson, NJ by $41,993.
Paterson, NJ overview · Toms River, NJ overview · Popular comparisons