Albuquerque, New Mexico vs. Parsippany-Troy Hills, New Jersey

Cost of Living Comparison

The cost of living in Parsippany-Troy Hills, New Jersey is 56.6% more expensive than Albuquerque, New Mexico.

You would need a salary of $117,456 in Parsippany-Troy Hills, New Jersey to maintain the standard of living you have in Albuquerque, New Mexico.
Comparison highlights
• Overall, Parsippany-Troy Hills, New Jersey is more expensive than Albuquerque, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
75% more expensive in Parsippany-Troy Hills
than in Albuquerque, New Mexico
Albuquerque, NM vs. Parsippany Troy Hills, NJ
Compared to Albuquerque, Parsippany Troy Hills is:
  Homeowner
      No Child Care, Taxes not Considered
  56.6% 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
  11.0% higher
  Housing (Homeowner)
  110.1% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  6.2% higher
  Commute
  49.1% higher
  Health
  24.6% higher
  Taxes
  Childcare
  Personal
  22.6% higher