Parsippany-Troy Hills, New Jersey vs. Lorain, Ohio

Cost of Living Comparison

The cost of living in Lorain, Ohio is 50.1% cheaper than Parsippany-Troy Hills, New Jersey.

You would need a salary of $24,930 in Lorain, Ohio to maintain the standard of living you have in Parsippany-Troy Hills, New Jersey.
Comparison highlights
• Overall, Lorain, Ohio is cheaper than Parsippany-Troy Hills, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
79% cheaper in Lorain
than in Parsippany-Troy Hills, New Jersey
Parsippany Troy Hills, NJ vs. Lorain, OH
Compared to Parsippany Troy Hills, Lorain is:
  Homeowner
      No Child Care, Taxes not Considered
  50.1% 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
  11.8% lower
  Housing (Homeowner)
  82.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  8.7% lower
  Commute
  45.2% lower
  Health
  15.0% lower
  Taxes
  Childcare
  Personal
  16.7% lower