Cost of Living Calculator - Paramus, New Jersey vs Red Bank, New Jersey


The cost of living in Red Bank, New Jersey is 21.0% cheaper than Paramus, New Jersey.

You would need a salary of $59,279 in Red Bank, New Jersey to maintain the standard of living you have in Paramus, New Jersey.
Comparison highlights
• Overall, Red Bank, New Jersey is cheaper than Paramus, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
27% cheaper in Red Bank
than in Paramus, New Jersey
Paramus, NJ vs Red Bank, NJ
Compared to Paramus, Red Bank is:
  Homeowner
      No Child Care, Taxes not Considered
  21.0% lower
      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
  2.7% lower
  Housing (Homeowner)
  40.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  11.2% lower
  Commute
  30.9% lower
  Health
  0.4% higher
  Taxes
  Childcare
  Personal
  2.7% lower

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