salaryToms River is the 5th-largest city in New Jersey that we track, with 94,956 residents. Rent is higher than in 68% of U.S. cities. A typical house costs about 3.7 years of household income. Commutes are long, about 30.1 minutes each way. Most homes (81.9%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $79,320 a year. That is $38 an hour at a full-time job.
Is rent cheaper than other New Jersey cities?
Yes. Rent here is cheaper than in most of New Jersey. It is number 90 of 291 cities from cheapest to most expensive.
How much do households earn in Toms River?
Share of households by yearly income. 39.4% of households earn $100,000 or more.
Rent by apartment size in Toms River
| Size | Toms River | U.S. average |
|---|---|---|
| Studio | $1,975 | $1,338 |
| 1 bedroom | $1,496 | $1,324 |
| 2 bedrooms | $1,891 | $1,509 |
| 3 bedrooms | $2,527 | $1,698 |
| 4 bedrooms | $3,130 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Toms River overall?
Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Toms River, so the New Jersey figure is shown.
Taxes and bills in Toms River
Life in Toms River
Is it cheaper to rent or buy in Toms River?
Renting is cheaper right now: about $817 a month less.
Owning assumes a typical $403,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $40,360 for the down payment.
Frequently asked questions
What is the average rent in Toms River, NJ?
Renting in Toms River costs a median of about $1,983 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Toms River?
To keep rent under 30% of income, you need about $79,320 a year, or $38 an hour at a full-time job.
Is Toms River cheap or expensive?
Toms River is rated OK: rent takes 22.0% of the typical household income of $107,998. It ranks 90th cheapest of 291 New Jersey cities we track.
How much are property taxes in Toms River?
The median homeowner in Toms River pays $6,349 a year in property taxes, about 1.57% of the median home value.
Is Toms River more expensive than the national average?
Overall prices in New Jersey are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Toms River?
The median home value in Toms River is $403,600, about 3.7 times the typical yearly household income.
94,956 people live in Toms River. Numbers are typical (middle) values.