Cost of Living in Toms River, NJ
Population 93,915 · New Jersey · Data vintage 2023
(100 = US avg)
Toms River lands reasonably close to national benchmarks on most cost indicators, with a median home value of $378,000 — 24% above the US figure. That makes it a useful reference point for comparing with more extreme markets in New Jersey.
Toms River is about 45 miles south of Elizabeth, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Elizabeth's $394,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Toms River
The median home value in Toms River is $377,800 — 24% above the national median of $305,000. Median rent runs $1,678/month, 28% higher than the national median of $1,314/month. The median household income of $95,759/year is 28% higher than the US median of $74,580. The local unemployment rate is 4.8%, 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, Toms River has a cost of living index of 125 versus the US average of 100, meaning it is 25% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 41 | 44 | 52 | 64 | 73 | 82 | 87 | 85 | 78 | 66 | 56 | 46 |
| Low °F | 25 | 26 | 33 | 42 | 51 | 61 | 66 | 64 | 57 | 46 | 36 | 29 |
| Precip" | 2.97 | 2.57 | 3.83 | 3.37 | 2.95 | 3.73 | 5.19 | 4.40 | 3.39 | 3.67 | 2.98 | 3.74 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Toms River, NJ?
Toms River has a cost index of 125 (100 = national average). It is 25% above the national average.
What is average rent in Toms River, NJ?
The median gross rent in Toms River is $1,678 per month based on 2023 Census data.
What is the average home price in Toms River?
The median home value in Toms River is $377,800 according to Zillow and Census data.
What is the median income in Toms River?
The median household income in Toms River is $95,759 per year (2023 ACS 5-year estimates).
What is the sales tax in Toms River, NJ?
The combined state and local sales tax rate in Toms River is 6.6%. The New Jersey state income tax top rate is 10.8%.
Is Toms River, NJ affordable?
Toms River is above average in cost of living, with an index of 125 — about 25% higher than the national average.
What is the weather like in Toms River?
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.
Toms River at a Glance
- Population
- 93,915
- Median Income
- $95,759
- Home Value
- $377,800
- Median Rent
- $1,678/mo
- Unemployment
- 4.8%
- Avg High Temp
- 64.4°F
- Sales Tax
- 6.6%
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New Jersey Rankings
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