Cost of Living Calculator - Parsippany-Troy Hills, New Jersey vs Lake Forest, Illinois


The cost of living in Lake Forest, Illinois is 10.8% more expensive than Parsippany-Troy Hills, New Jersey.

You would need a salary of $55,416 in Lake Forest, Illinois to maintain the standard of living you have in Parsippany-Troy Hills, New Jersey.
Comparison highlights
• Overall, Lake Forest, Illinois is more expensive than Parsippany-Troy Hills, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
65% more expensive in Lake Forest
than in Parsippany-Troy Hills, New Jersey
Parsippany Troy Hills, NJ vs Lake Forest, IL
Compared to Parsippany Troy Hills, Lake Forest is:
  Homeowner
      No Child Care, Taxes not Considered
  10.8% 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
  1.5% higher
  Housing (Homeowner)
  74.7% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  8.9% lower
  Commute
  29.7% lower
  Health
  3.1% lower
  Taxes
  Childcare
  Personal
  7.3% lower

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