Lincoln Park, NJ vs South Toms River, NJ
South Toms River is moderately more affordable than Lincoln Park, with a 5.2% lower cost of living index. Lincoln Park scores 129 compared to 123 for South Toms River, where the US average is 100. This difference means residents of Lincoln Park can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Lincoln Park is $1,824/month compared to $2,019/month in South Toms River — a 10% difference. Interestingly, home values tell a different story: while Lincoln Park has cheaper rent, South Toms River actually has lower median home values ($269,200 vs $419,500).
Median household income in Lincoln Park is $119,000 compared to $101,466 in South Toms River (+17.3%). While Lincoln Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lincoln Park spend roughly 18.4% of their income on rent, less than the 23.9% in South Toms River.
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