South Toms River, NJ Cost of Living


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South Toms River cost of living score
111.9
More expensive
11.9% higher
than the US average
6.6% lower
than the New Jersey average
South Toms River, New Jersey gets a BestPlaces Cost of Living score of 111.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.9% higher than the U.S. average and 6.6% higher than the average for New Jersey.

South Toms River, NJ

Housing costs in South Toms River?
A typical home costs $296,800, which is 12.2% less expensive than the national average of $338,100 and 31.3% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in South Toms River costs $1,560 per month, which is 9.1% more than the national average of $1,430 and 9.6% cheaper than the state average of $1,710.

Can I afford South Toms River?
To live comfortably in South Toms River, New Jersey, a minimum annual income of $56,880 for a family, and $49,600 for a single person is recommended.

What does A.I. say about South Toms River?
The cost of living in South Toms River, NJ is relatively low compared to other communities in the region. The median household income is $64,818, which is slightly lower than the national average. Property taxes are also lower than expected for the area, with an average of just over $6,100 per year. Additionally, utilities such as electricity and natural gas are typically lower than the national average in South Toms River. Overall, it's a great place to live with a low cost of living and a thriving economy.
   Cost of living score
     CategoriesSouth Toms RiverNew JerseyUnited States
  111.9119.8100.0
  101.4105.8100
  97.796.9100.0
  88.4136.4100.0
  $296,800$432,100$338,100
  106.5%109.2%100.0%
  92.4127.7100.0
  102.3112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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