Fort Lee, NJ vs Toms River, NJ

There is a significant gap in the cost of living between these two cities. Toms River is 17.4% cheaper than Fort Lee. With a cost index of 121 vs 142, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Toms River to Fort Lee should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fort Lee is $2,255/month compared to $1,678/month in Toms River — a 34% difference. Home values follow the same pattern: Toms River is more affordable at $377,800 median vs $422,200.

Median household income in Fort Lee is $105,535 compared to $95,759 in Toms River (+10.2%). The higher salaries in Fort Lee partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Fort Lee spend roughly 25.6% of their income on rent, more than the 21% in Toms River.