Troy, Michigan vs. Newark, New Jersey

Cost of Living Comparison

The cost of living in Newark, New Jersey is 10.3% more expensive than Troy, Michigan.

You would need a salary of $93,783 in Newark, New Jersey to maintain the standard of living you have in Troy, Michigan.
Comparison highlights
• Overall, Newark, New Jersey is more expensive than Troy, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
2% more expensive in Newark
than in Troy, Michigan
Troy, MI vs. Newark, NJ
Compared to Troy, Newark is:
  Homeowner
      No Child Care, Taxes not Considered
  10.3% higher
      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
  2.8% higher
  Housing (Homeowner)
  15.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  16.4% higher
  Commute
  32.1% higher
  Health
  24.0% higher
  Taxes
  Childcare
  Personal
  5.4% higher