Summit, New Jersey vs. Morehead, Kentucky

Cost of Living Comparison

The cost of living in Morehead, Kentucky is 59.3% cheaper than Summit, New Jersey.

You would need a salary of $72,048 in Morehead, Kentucky to maintain the standard of living you have in Summit, New Jersey.
Comparison highlights
• Overall, Morehead, Kentucky is cheaper than Summit, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
85% cheaper in Morehead
than in Summit, New Jersey
Summit, NJ vs. Morehead, KY
Compared to Summit, Morehead is:
  Homeowner
      No Child Care, Taxes not Considered
  59.3% 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
  15.4% lower
  Housing (Homeowner)
  87.3% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  10.4% lower
  Commute
  44.0% lower
  Health
  7.0% higher
  Taxes
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  Childcare
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  Personal
  14.1% lower
Cost of Food
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