Cost of Living Calculator - Memphis, Tennessee vs Summit, New Jersey


The cost of living in Summit, New Jersey is 141.5% more expensive than Memphis, Tennessee.

You would need a salary of $120,774 in Summit, New Jersey to maintain the standard of living you have in Memphis, Tennessee.
Comparison highlights
• Overall, Summit, New Jersey is more expensive than Memphis, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
610% more expensive in Summit
than in Memphis, Tennessee
Memphis, TN vs Summit, NJ
Compared to Memphis, Summit is:
  Homeowner
      No Child Care, Taxes not Considered
  141.5% higher
      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
  21.0% higher
  Housing (Homeowner)
  952.0% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  10.8% higher
  Commute
  50.9% higher
  Health
  0.7% higher
  Taxes
  Childcare
  Personal
  22.6% higher

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