Toms River, NJ vs West New York, NJ

Toms River, NJ and West New York, NJ have a very similar cost of living, with only a 0.4% difference in their overall index. Toms River scores 121 while West New York scores 122 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Toms River is $1,678/month compared to $1,607/month in West New York — a 4% difference. Interestingly, home values tell a different story: while West New York has cheaper rent, Toms River actually has lower median home values ($377,800 vs $410,200).

Median household income in Toms River is $95,759 compared to $67,139 in West New York (+42.6%). Toms River offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Toms River spend roughly 21% of their income on rent, less than the 28.7% in West New York.