What is a pro or con of living in Parsippany-Troy Hills, New Jerseycompared to Lakeland, Florida?

Median Home Cost is 91% more expensive in Parsippany-Troy Hills.

What salary do I need to live in Parsippany-Troy Hills, New Jersey copmared to Lakeland, Florida?

A salary of $50,000 in Lakeland, Florida should increase to $80,521 in Parsippany-Troy Hills, New Jersey (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

LAKELAND vs. PARSIPPANY TROY HILLS
Cost of Living Comparison

Lakeland, Florida vs. Parsippany-Troy Hills, New Jersey

Cost of Living Comparison

The cost of living in Parsippany-Troy Hills, New Jersey is 61.0% more expensive than Lakeland, Florida.

You would need a salary of $80,521 in Parsippany-Troy Hills, New Jersey to maintain the standard of living you have in Lakeland, Florida.

Comparison highlights

• Overall, Parsippany-Troy Hills, New Jersey is more expensive than Lakeland, Florida
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
91% more expensive in Parsippany-Troy Hills
than in Lakeland, Florida

Lakeland, FL vs. Parsippany Troy Hills, NJ

Compared to Lakeland, Parsippany Troy Hills is:

Homeowner

No Child Care, Taxes not Considered

61.0% higher

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

3.8% higher

Housing (Homeowner)

163.0% higher

Housing (Rent)

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Median Home Cost

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Utilities

5.3% higher

Commute

57.6% higher

Health

1.5% lower

Taxes

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Childcare

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Personal

26.5% higher

Cost of Food

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Lakeland, Florida vs. Parsippany-Troy Hills, New Jersey

Cost of Living Comparison

Comparison highlights

Lakeland, FL vs. Parsippany Troy Hills, NJ

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