Cost of Living: Toms River, NJ vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,144/mo in Toms River, NJ versus $4,227/mo in Chicago, IL. In the model, rent is about 24.45% of gross in Toms River, NJ versus 20.28% in Chicago, IL, so Chicago, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Toms River, NJ and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Chicago, IL
- Lower home prices: Chicago, IL
- Higher median household income: Toms River, NJ
Cost of Living Index
Toms River, NJ: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Toms River, NJ, so a given salary generally stretches further there.
Median Rent
Toms River, NJ: $1,594/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Toms River, NJ is $271/mo higher than in Chicago, IL.
Median Home Price
Toms River, NJ: $377,800 · Chicago, IL: $147,800
Median home price in Toms River, NJ is $230,000 higher than in Chicago, IL.
Median Household Income
Toms River, NJ: $95,759 · Chicago, IL: $56,815
Toms River, NJ has a higher median household income than Chicago, IL by $38,944.
Toms River, NJ overview · Chicago, IL overview · Popular comparisons