Cost of Living: Toms River, NJ vs New York, NY
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 $4,116/mo in New York, NY. In the model, rent is about 24.45% of gross in Toms River, NJ versus 25.92% in New York, NY, so Toms River, NJ tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Toms River, NJ and New York, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Toms River, NJ
- Lower rent (median 1BR/2BR): Toms River, 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) · New York, NY: 168.2 (U.S. = 100)
Toms River, NJ has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Toms River, NJ: $1,594/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in New York, NY is $96/mo higher than in Toms River, NJ.
Median Home Price
Toms River, NJ: $377,800 · New York, NY: $751,700
Median home price in New York, NY is $373,900 higher than in Toms River, NJ.
Median Household Income
Toms River, NJ: $95,759 · New York, NY: $79,713
Toms River, NJ has a higher median household income than New York, NY by $16,046.
Toms River, NJ overview · New York, NY overview · Popular comparisons