What is a pro or con of living in Potomac, Marylandcompared to Parsippany-Troy Hills, New Jersey?

Median Home Cost is 120% more expensive in Potomac.

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

A salary of $75,000 in Parsippany-Troy Hills, New Jersey should increase to $101,424 in Potomac, Maryland (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.

PARSIPPANY TROY HILLS vs. POTOMAC
Cost of Living Comparison

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

Cost of Living Comparison

The cost of living in Potomac, Maryland is 35.2% more expensive than Parsippany-Troy Hills, New Jersey.

You would need a salary of $101,424 in Potomac, Maryland to maintain the standard of living you have in Parsippany-Troy Hills, New Jersey.

Comparison highlights

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

Median Home Cost
120% more expensive in Potomac
than in Parsippany-Troy Hills, New Jersey

Parsippany Troy Hills, NJ vs. Potomac, MD

Compared to Parsippany Troy Hills, Potomac is:

Homeowner

No Child Care, Taxes not Considered

35.2% 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

11.7% higher

Housing (Homeowner)

102.7% higher

Housing (Rent)

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Median Home Cost

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Utilities

3.0% higher

Commute

1.9% higher

Health

12.7% lower

Taxes

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Childcare

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Personal

16.0% lower

Cost of Food

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

Cost of Living Comparison

Comparison highlights

Parsippany Troy Hills, NJ vs. Potomac, MD

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