Cost of Living in South Toms River, NJ

Population 3,701 · New Jersey · Data vintage 2023

114
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

South Toms River sits on the smaller end of the New Jersey city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 8.0% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

South Toms River is about 50 miles east of Philadelphia, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 16% higher than Philadelphia's $232,000.

Cost Overview

Housing 88
Rent 154

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in South Toms River

The median home value in South Toms River is $269,200 — 12% below the national median of $305,000. Median rent runs $2,019/month, 54% higher than the national median of $1,314/month. The median household income of $101,466/year is 36% higher than the US median of $74,580. The local unemployment rate is 8.0%, above the national average of 4.8%. New Jersey's top state income tax rate is 10.8% and the combined sales tax is 6.6%. The climate averages highs of 64.4°F and lows of 44.5°F. Overall, South Toms River has a cost of living index of 114 versus the US average of 100, meaning it is 14% more expensive.

🏠 Housing

Median Home Value
$269,200
12% below avg
Zillow Home Value
$181,618
Zillow ZHVI
Median Rent
$2,019/mo
54% above avg
Price-to-Rent Ratio
11.1x
Favors buying
Property Tax Rate
2.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,474
1 BR
$1,654
2 BR
$2,040
3 BR
$2,550
4 BR
$2,885
Owner-occupied 82.3%
Renter-occupied 17.7%

💰 Estimated Monthly Budget

Rent median rent
$2,019
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,633/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
29.9 min
11% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.2%

Commute Mode

Drove alone
76.8%
Carpooled
11.0%
Walked
0.2%
Bicycle
3.8%
Work from home
4.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.8%
Total Sales Tax 6.6%
State rate 6.6%
Avg local rate -0.0%
Property Tax 2.5%

💼 Income & Employment

Median Household Income
$101,466
36% above avg
Per Capita Income
$31,741
Unemployment Rate
8.0%
65% above avg
Poverty Rate
5.3%
Labor Force Participation
70.7%

🎓 Education

Bachelor's degree+ 13.8%
Graduate degree 2.5%

👥 Demographics

Median Age 33.4
Male median age 30
Female median age 36.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.4°F
Avg Low
44.5°F
Annual Precip
42.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 414452647382878578665646
Low °F 252633425161666457463629
Precip" 2.972.573.833.372.953.735.194.403.393.672.983.74

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
71.5%
Good air days/yr
248
Max AQI recorded
200
PM2.5 days
165
Ozone days

Frequently Asked Questions

What is the cost of living in South Toms River, NJ?

South Toms River has a cost index of 114 (100 = national average). It is 14% above the national average.

What is average rent in South Toms River, NJ?

The median gross rent in South Toms River is $2,019 per month based on 2023 Census data.

What is the average home price in South Toms River?

The median home value in South Toms River is $269,200 according to Zillow and Census data.

What is the median income in South Toms River?

The median household income in South Toms River is $101,466 per year (2023 ACS 5-year estimates).

What is the sales tax in South Toms River, NJ?

The combined state and local sales tax rate in South Toms River is 6.6%. The New Jersey state income tax top rate is 10.8%.

Is South Toms River, NJ affordable?

South Toms River is above average in cost of living, with an index of 114 — about 14% higher than the national average.

What is the weather like in South Toms River?

South Toms River has average high temperatures of 64.4°F and average lows of 44.5°F. Annual precipitation is 42.8". Data from NOAA 1991–2020 Climate Normals.

South Toms River at a Glance

Population
3,701
Median Income
$101,466
Home Value
$269,200
Median Rent
$2,019/mo
Unemployment
8.0%
Avg High Temp
64.4°F
Sales Tax
6.6%
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