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MADISON vs. SUMMIT
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Madison, New Jersey vs. Summit, New Jersey
Cost of Living Comparison
The cost of living in Summit, New Jersey is
16.1%
more expensive
than Madison, New Jersey.
You would need a salary of
$116,057
in Summit, New Jersey to maintain the standard of living you have in Madison, New Jersey.
Comparison highlights
• Overall, Summit, New Jersey is
more expensive
than Madison, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
26% more expensive in Summit
than in Madison, New Jersey
Madison, NJ vs. Summit, NJ
Compared to Madison, Summit is:
Homeowner
No Child Care, Taxes not Considered
16.1% 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
2.0% higher
Housing (Homeowner)
32.5% higher
Housing (Rent)
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Median Home Cost
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Utilities
8.2% lower
Commute
5.6% higher
Health
1.9% lower
Taxes
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Childcare
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Personal
9.5% lower
Cost of Food
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