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Cost of Living Calculator - Hanover, New Jersey vs Parsippany-Troy Hills, New Jersey

The cost of living in Parsippany-Troy Hills, New Jersey is 11.6% cheaper than Hanover, New Jersey.

You would need a salary of $66,285 in Parsippany-Troy Hills, New Jersey to maintain the standard of living you have in Hanover, New Jersey.
Comparison highlights
• Overall, Parsippany-Troy Hills, New Jersey is cheaper than Hanover, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
16% cheaper in Parsippany-Troy Hills
than in Hanover, New Jersey
Hanover, NJ vs Parsippany Troy Hills, NJ
Compared to Hanover, Parsippany Troy Hills is:
  Homeowner
      No Child Care, Taxes not Considered
  11.6% lower
      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
  0.8% lower
  Housing (Homeowner)
  15.3% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  0.7% lower
  Commute
  3.6% higher
  Health
  0.0% higher
  Taxes
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  Childcare
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  Personal
  0.2% lower
Cost of Food
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