Beachwood, NJ vs South Toms River, NJ

South Toms River is moderately more affordable than Beachwood, with a 7.9% lower cost of living index. Beachwood scores 132 compared to 123 for South Toms River, where the US average is 100. This difference means residents of Beachwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Beachwood is $2,236/month compared to $2,019/month in South Toms River — a 11% difference. Home values follow the same pattern: South Toms River is more affordable at $269,200 median vs $307,500.

Median household income in Beachwood is $102,043 compared to $101,466 in South Toms River (+0.6%). Beachwood does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Beachwood spend roughly 26.3% of their income on rent, more than the 23.9% in South Toms River.