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Housing
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Cost of Living Calculator - Parsippany-Troy Hills, New Jersey vs Memphis, Tennessee

The cost of living in Memphis, Tennessee is 45.5% cheaper than Parsippany-Troy Hills, New Jersey.

You would need a salary of $27,250 in Memphis, Tennessee to maintain the standard of living you have in Parsippany-Troy Hills, New Jersey.
Comparison highlights
• Overall, Memphis, Tennessee is cheaper than Parsippany-Troy Hills, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
72% cheaper in Memphis
than in Parsippany-Troy Hills, New Jersey
Parsippany Troy Hills, NJ vs Memphis, TN
Compared to Parsippany Troy Hills, Memphis is:
  Homeowner
      No Child Care, Taxes not Considered
  45.5% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  12.5% lower
  Housing (Homeowner)
  79.9% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  6.7% lower
  Commute
  29.1% lower
  Health
  2.6% lower
  Taxes
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  Childcare
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  Personal
  26.0% lower
Cost of Food
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