Cost of Living Calculator - Parsippany-Troy Hills, New Jersey vs Melbourne, Florida


The cost of living in Melbourne, Florida is 33.6% cheaper than Parsippany-Troy Hills, New Jersey.

You would need a salary of $53,108 in Melbourne, Florida to maintain the standard of living you have in Parsippany-Troy Hills, New Jersey.
Comparison highlights
• Overall, Melbourne, Florida is cheaper than Parsippany-Troy Hills, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
35% cheaper in Melbourne
than in Parsippany-Troy Hills, New Jersey
Parsippany Troy Hills, NJ vs Melbourne, FL
Compared to Parsippany Troy Hills, Melbourne is:
  Homeowner
      No Child Care, Taxes not Considered
  33.6% 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
  6.1% lower
  Housing (Homeowner)
  54.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  5.7% lower
  Commute
  37.4% lower
  Health
  0.5% higher
  Taxes
  Childcare
  Personal
  17.1% lower

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