Parsippany-Troy Hills, New Jersey vs. Elkton, Maryland

Cost of Living Comparison

The cost of living in Elkton, Maryland is 29.4% cheaper than Parsippany-Troy Hills, New Jersey.

You would need a salary of $105,907 in Elkton, Maryland to maintain the standard of living you have in Parsippany-Troy Hills, New Jersey.
Comparison highlights
• Overall, Elkton, Maryland is cheaper than Parsippany-Troy Hills, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
46% cheaper in Elkton
than in Parsippany-Troy Hills, New Jersey
Parsippany Troy Hills, NJ vs. Elkton, MD
Compared to Parsippany Troy Hills, Elkton is:
  Homeowner
      No Child Care, Taxes not Considered
  29.4% 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
  5.2% lower
  Housing (Homeowner)
  48.5% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  7.8% higher
  Commute
  19.6% lower
  Health
  12.1% lower
  Taxes
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  Childcare
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  Personal
  13.9% lower
Cost of Food
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