What is a pro or con of living in Hamilton township (Mercer County), New Jerseycompared to Richmond, Virginia?

HousingRent is 24% more expensive in Hamilton township (Mercer County).

What salary do I need to live in Hamilton township (Mercer County), New Jersey copmared to Richmond, Virginia?

A salary of $50,000 in Richmond, Virginia should increase to $54,162 in Hamilton township (Mercer County), New Jersey (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.

RICHMOND vs. HAMILTON_TOWNSHIP_(MERCER_COUNTY)
Cost of Living Comparison

Richmond, Virginia vs. Hamilton township (Mercer County), New Jersey

Cost of Living Comparison

The cost of living in Hamilton township (Mercer County), New Jersey is 8.3% more expensive than Richmond, Virginia.

You would need a salary of $54,162 in Hamilton township (Mercer County), New Jersey to maintain the standard of living you have in Richmond, Virginia.

Comparison highlights

• Overall, Hamilton township (Mercer County), New Jersey is more expensive than Richmond, Virginia
• HousingRent is the biggest factor in the cost of living difference.

HousingRent
24% more expensive in Hamilton township (Mercer County)
than in Richmond, Virginia

Richmond, VA vs. Hamilton_Township_(Mercer_County), NJ

Compared to Richmond, Hamilton_Township_(Mercer_County) is:

Homeowner

No Child Care, Taxes not Considered

8.3% 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

6.5% higher

Housing (Homeowner)

9.9% higher

Housing (Rent)

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Median Home Cost

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Utilities

12.8% higher

Commute

20.2% higher

Health

1.8% lower

Taxes

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Childcare

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Personal

1.6% higher

Cost of Food

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Richmond, Virginia vs. Hamilton township (Mercer County), New Jersey

Cost of Living Comparison

Comparison highlights

Richmond, VA vs. Hamilton_Township_(Mercer_County), NJ

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