Cost of Living: Toms River, NJ vs Elizabeth, NJ
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 $4,144/mo in Elizabeth, NJ. In the model, rent is about 24.45% of gross in Toms River, NJ versus 21.33% in Elizabeth, NJ, so Elizabeth, NJ tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Toms River, NJ and Elizabeth, NJ.
At a glance
- Cheaper overall (lower cost-of-living index): Elizabeth, NJ
- Lower rent (median 1BR/2BR): Elizabeth, NJ
- Lower home prices: Toms River, NJ
- Higher median household income: Toms River, NJ
Cost of Living Index
Toms River, NJ: 100 (U.S. = 100) · Elizabeth, NJ: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Toms River, NJ: $1,594/mo (midpoint of 1BR/2BR) · Elizabeth, NJ: $1,390/mo
Median rent in Toms River, NJ is $204/mo higher than in Elizabeth, NJ.
Median Home Price
Toms River, NJ: $377,800 · Elizabeth, NJ: $393,500
Median home price in Elizabeth, NJ is $15,700 higher than in Toms River, NJ.
Median Household Income
Toms River, NJ: $95,759 · Elizabeth, NJ: $63,874
Toms River, NJ has a higher median household income than Elizabeth, NJ by $31,885.
Toms River, NJ overview · Elizabeth, NJ overview · Popular comparisons