What is a pro or con of living in Paramus, New Jerseycompared to Gaithersburg, Maryland?

Median Home Cost is 60% more expensive in Paramus.

What salary do I need to live in Paramus, New Jersey copmared to Gaithersburg, Maryland?

A salary of $105,000 in Gaithersburg, Maryland should increase to $135,363 in Paramus, 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.

GAITHERSBURG vs. PARAMUS
Cost of Living Comparison

Gaithersburg, Maryland vs. Paramus, New Jersey

Cost of Living Comparison

The cost of living in Paramus, New Jersey is 28.9% more expensive than Gaithersburg, Maryland.

You would need a salary of $135,363 in Paramus, New Jersey to maintain the standard of living you have in Gaithersburg, Maryland.

Comparison highlights

• Overall, Paramus, New Jersey is more expensive than Gaithersburg, Maryland
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
60% more expensive in Paramus
than in Gaithersburg, Maryland

Gaithersburg, MD vs. Paramus, NJ

Compared to Gaithersburg, Paramus is:

Homeowner

No Child Care, Taxes not Considered

28.9% 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

2.2% lower

Housing (Homeowner)

61.7% higher

Housing (Rent)

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Median Home Cost

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Utilities

7.1% higher

Commute

3.5% higher

Health

12.8% higher

Taxes

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Childcare

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Personal

15.9% higher

Cost of Food

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Gaithersburg, Maryland vs. Paramus, New Jersey

Cost of Living Comparison

Comparison highlights

Gaithersburg, MD vs. Paramus, NJ

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