Summit, New Jersey vs. New York, New York

Cost of Living Comparison

The cost of living in New York, New York is 9.9% cheaper than Summit, New Jersey.

You would need a salary of $45,032 in New York, New York to maintain the standard of living you have in Summit, New Jersey.
Comparison highlights
• Overall, New York, New York is cheaper than Summit, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
35% cheaper in New York
than in Summit, New Jersey
Summit, NJ vs. New York, NY
Compared to Summit, New York is:
  Homeowner
      No Child Care, Taxes not Considered
  9.9% 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
  3.3% higher
  Housing (Homeowner)
  24.6% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  41.0% higher
  Commute
  27.0% higher
  Health
  30.9% higher
  Taxes
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  Childcare
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  Personal
  12.2% higher
Cost of Food
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