Hoboken, New Jersey vs. Parsippany-Troy Hills, New Jersey

Cost of Living Comparison

The cost of living in Parsippany-Troy Hills, New Jersey is 11.6% cheaper than Hoboken, New Jersey.

You would need a salary of $44,216 in Parsippany-Troy Hills, New Jersey to maintain the standard of living you have in Hoboken, New Jersey.
Comparison highlights
• Overall, Parsippany-Troy Hills, New Jersey is cheaper than Hoboken, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
29% cheaper in Parsippany-Troy Hills
than in Hoboken, New Jersey
Hoboken, NJ vs. Parsippany Troy Hills, NJ
Compared to Hoboken, Parsippany Troy Hills is:
  Homeowner
      No Child Care, Taxes not Considered
  11.6% 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
  4.1% lower
  Housing (Homeowner)
  38.3% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  6.8% lower
  Commute
  15.4% lower
  Health
  0.2% lower
  Taxes
  Childcare
  Personal
  10.7% higher