Cost of Living: Toms River, NJ vs Philadelphia, PA

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 $4,337/mo in Philadelphia, PA. In the model, rent is about 24.45% of gross in Toms River, NJ versus 19.29% in Philadelphia, PA, so Philadelphia, PA tends to feel more affordable for rent.

Take-home in Toms River, NJ
$4,144/mo
Income level: below
Take-home in Philadelphia, PA
$4,337/mo
Income level: above
Rent share (1BR) in Toms River, NJ
24.45%
COLI tier: mid-range
Rent share (1BR) in Philadelphia, PA
19.29%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Toms River, NJ and Philadelphia, PA.

At a glance

  • Cheaper overall (lower cost-of-living index): Philadelphia, PA
  • Lower rent (median 1BR/2BR): Philadelphia, PA
  • Lower home prices: Philadelphia, PA
  • Higher median household income: Toms River, NJ

Cost of Living Index

Toms River, NJ: 100 (U.S. = 100) · Philadelphia, PA: 95.2 (U.S. = 100)

Philadelphia, PA 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) · Philadelphia, PA: $1,257/mo

Median rent in Toms River, NJ is $337/mo higher than in Philadelphia, PA.

Median Home Price

Toms River, NJ: $377,800 · Philadelphia, PA: $232,400

Median home price in Toms River, NJ is $145,400 higher than in Philadelphia, PA.

Median Household Income

Toms River, NJ: $95,759 · Philadelphia, PA: $60,698

Toms River, NJ has a higher median household income than Philadelphia, PA by $35,061.

Toms River, NJ overview · Philadelphia, PA overview · Popular comparisons