Parsippany-Troy Hills, New Jersey vs. Morristown, New Jersey

Cost of Living Comparison

The cost of living in Morristown, New Jersey is 5.1% more expensive than Parsippany-Troy Hills, New Jersey.

You would need a salary of $63,080 in Morristown, New Jersey to maintain the standard of living you have in Parsippany-Troy Hills, New Jersey.
Comparison highlights
• Overall, Morristown, 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
34% more expensive in Morristown
than in Parsippany-Troy Hills, New Jersey
Parsippany Troy Hills, NJ vs. Morristown, NJ
Compared to Parsippany Troy Hills, Morristown is:
  Homeowner
      No Child Care, Taxes not Considered
  5.1% 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
  2.2% higher
  Housing (Homeowner)
  1.2% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  0.4% higher
  Commute
  4.4% lower
  Health
  0.0% higher
  Taxes
  Childcare
  Personal
  1.7% higher

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