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

The cost of living in Parsippany-Troy Hills, New Jersey is 9.5% cheaper than Melrose, Massachusetts.

You would need a salary of $140,299 in Parsippany-Troy Hills, New Jersey to maintain the standard of living you have in Melrose, Massachusetts.
Comparison highlights
• Overall, Parsippany-Troy Hills, New Jersey is cheaper than Melrose, Massachusetts
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
30% cheaper in Parsippany-Troy Hills
than in Melrose, Massachusetts
Melrose, MA vs Parsippany Troy Hills, NJ
Compared to Melrose, Parsippany Troy Hills is:
  Homeowner
      No Child Care, Taxes not Considered
  9.5% 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
  5.4% lower
  Housing (Homeowner)
  31.1% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  2.9% lower
  Commute
  24.8% higher
  Health
  11.4% higher
  Taxes
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  Childcare
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  Personal
  4.8% lower
Cost of Food
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