Hanover, New Jersey vs. Melbourne, Florida

Cost of Living Comparison

The cost of living in Melbourne, Florida is 41.3% cheaper than Hanover, New Jersey.

You would need a salary of $44,002 in Melbourne, Florida to maintain the standard of living you have in Hanover, New Jersey.
Comparison highlights
• Overall, Melbourne, Florida is cheaper than Hanover, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
46% cheaper in Melbourne
than in Hanover, New Jersey
Hanover, NJ vs. Melbourne, FL
Compared to Hanover, Melbourne is:
  Homeowner
      No Child Care, Taxes not Considered
  41.3% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  6.9% lower
  Housing (Homeowner)
  61.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  6.4% lower
  Commute
  35.2% lower
  Health
  0.5% higher
  Taxes
  Childcare
  Personal
  17.2% lower