Cost of Living Calculator - Old Lyme, Connecticut vs Summit, New Jersey


The cost of living in Summit, New Jersey is 46.8% more expensive than Old Lyme, Connecticut.

You would need a salary of $73,412 in Summit, New Jersey to maintain the standard of living you have in Old Lyme, Connecticut.
Comparison highlights
• Overall, Summit, New Jersey is more expensive than Old Lyme, Connecticut
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
98% more expensive in Summit
than in Old Lyme, Connecticut
Old Lyme, CT vs Summit, NJ
Compared to Old Lyme, Summit is:
  Homeowner
      No Child Care, Taxes not Considered
  46.8% 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
  1.3% higher
  Housing (Homeowner)
  139.9% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  7.1% lower
  Commute
  22.3% higher
  Health
  13.2% lower
  Taxes
  Childcare
  Personal
  0.3% higher

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