What is a pro or con of living in Paterson, New Jerseycompared to Florence, Kentucky?

Median Home Cost is 65% more expensive in Paterson.

What salary do I need to live in Paterson, New Jersey copmared to Florence, Kentucky?

A salary of $50,000 in Florence, Kentucky should increase to $63,568 in Paterson, 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.

FLORENCE vs. PATERSON
Cost of Living Comparison

Florence, Kentucky vs. Paterson, New Jersey

Cost of Living Comparison

The cost of living in Paterson, New Jersey is 27.1% more expensive than Florence, Kentucky.

You would need a salary of $63,568 in Paterson, New Jersey to maintain the standard of living you have in Florence, Kentucky.

Comparison highlights

• Overall, Paterson, New Jersey is more expensive than Florence, Kentucky
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
65% more expensive in Paterson
than in Florence, Kentucky

Florence, KY vs. Paterson, NJ

Compared to Florence, Paterson is:

Homeowner

No Child Care, Taxes not Considered

27.1% 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

4.8% higher

Housing (Homeowner)

58.0% higher

Housing (Rent)

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Median Home Cost

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Utilities

23.4% higher

Commute

44.5% higher

Health

7.7% lower

Taxes

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Childcare

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Personal

5.4% higher

Cost of Food

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Florence, Kentucky vs. Paterson, New Jersey

Cost of Living Comparison

Comparison highlights

Florence, KY vs. Paterson, NJ

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