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


The cost of living in Montgomery, New Jersey is 9.6% more expensive than Parsippany-Troy Hills, New Jersey.

You would need a salary of $54,817 in Montgomery, New Jersey to maintain the standard of living you have in Parsippany-Troy Hills, New Jersey.
Comparison highlights
• Overall, Montgomery, New Jersey 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
40% more expensive in Montgomery
than in Parsippany-Troy Hills, New Jersey
Parsippany Troy Hills, NJ vs Montgomery, NJ
Compared to Parsippany Troy Hills, Montgomery is:
  Homeowner
      No Child Care, Taxes not Considered
  9.6% 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
  4.3% higher
  Housing (Homeowner)
  38.1% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  6.9% higher
  Commute
  12.0% higher
  Health
  1.9% lower
  Taxes
  Childcare
  Personal
  0.5% lower

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