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

Cost of Living Comparison

The cost of living in Parsippany-Troy Hills, New Jersey is 4.9% cheaper than Morristown, New Jersey.

You would need a salary of $71,338 in Parsippany-Troy Hills, New Jersey to maintain the standard of living you have in Morristown, New Jersey.
Comparison highlights
• Overall, Parsippany-Troy Hills, New Jersey is cheaper than Morristown, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
25% cheaper in Parsippany-Troy Hills
than in Morristown, New Jersey
Morristown, NJ vs. Parsippany Troy Hills, NJ
Compared to Morristown, Parsippany Troy Hills is:
  Homeowner
      No Child Care, Taxes not Considered
  4.9% lower
      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
  2.1% lower
  Housing (Homeowner)
  1.2% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  0.4% lower
  Commute
  4.6% higher
  Health
  0.0% higher
  Taxes
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  Childcare
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  Personal
  1.7% lower
Cost of Food
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