Cost of Living Calculator - Franklin Lakes, New Jersey vs Ann Arbor, Michigan


The cost of living in Ann Arbor, Michigan is 41.9% cheaper than Franklin Lakes, New Jersey.

You would need a salary of $29,040 in Ann Arbor, Michigan to maintain the standard of living you have in Franklin Lakes, New Jersey.
Comparison highlights
• Overall, Ann Arbor, Michigan is cheaper than Franklin Lakes, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
62% cheaper in Ann Arbor
than in Franklin Lakes, New Jersey
Franklin Lakes, NJ vs Ann Arbor, MI
Compared to Franklin Lakes, Ann Arbor is:
  Homeowner
      No Child Care, Taxes not Considered
  41.9% lower
      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
  10.3% lower
  Housing (Homeowner)
  59.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  11.5% lower
  Commute
  28.5% lower
  Health
  17.4% lower
  Taxes
  Childcare
  Personal
  16.6% lower

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