Cost of Living Calculator - Morris Plains, New Jersey vs Franklin Lakes, New Jersey


The cost of living in Franklin Lakes, New Jersey is 38.4% more expensive than Morris Plains, New Jersey.

You would need a salary of $103,813 in Franklin Lakes, New Jersey to maintain the standard of living you have in Morris Plains, New Jersey.
Comparison highlights
• Overall, Franklin Lakes, New Jersey is more expensive than Morris Plains, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
114% more expensive in Franklin Lakes
than in Morris Plains, New Jersey
Morris Plains, NJ vs Franklin Lakes, NJ
Compared to Morris Plains, Franklin Lakes is:
  Homeowner
      No Child Care, Taxes not Considered
  38.4% 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
  7.1% higher
  Housing (Homeowner)
  81.5% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  8.3% higher
  Commute
  3.4% higher
  Health
  1.5% lower
  Taxes
  Childcare
  Personal
  3.8% lower

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