Housing costs in Toms River?
A typical home costs
$436,300, which is 29.0% more expensive than the national average of
$338,100 and 1.0% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Toms River costs
$1,690 per month, which is 18.2% more than the national average of
$1,430 and close to the state average of
$1,710.
Can I afford Toms River?
To live comfortably in Toms River (zip 08753), New Jersey, a minimum annual income of
$83,520 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Toms River?
The cost of living in 08753 Toms River, NJ is estimated to be 16.4% higher than the national average. The estimated median household income in this area is around $75,113 and the median home value is approximately $257,700. This means that residents are able to enjoy a quality of life that is relatively high for the area, which makes it an attractive location for young professionals and families who want to live close to the beach and still have access to good schools, restaurants, and other amenities. The cost of basic necessities such as food, healthcare, transportation, and housing is also quite affordable compared to other parts of New Jersey.