What is a pro or con of living in New York, New Yorkcompared to Parsippany-Troy Hills, New Jersey?

Median Home Cost is 24% more expensive in New York.

What salary do I need to live in New York, New York copmared to Parsippany-Troy Hills, New Jersey?

A salary of $269,996 in Parsippany-Troy Hills, New Jersey should increase to $320,122 in New York, New York (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

PARSIPPANY TROY HILLS vs. NEW YORK
Cost of Living Comparison

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

Cost of Living Comparison

The cost of living in New York, New York is 18.6% more expensive than Parsippany-Troy Hills, New Jersey.

You would need a salary of $320,122 in New York, New York to maintain the standard of living you have in Parsippany-Troy Hills, New Jersey.

Comparison highlights

• Overall, New York, New York 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
24% more expensive in New York
than in Parsippany-Troy Hills, New Jersey

Parsippany Troy Hills, NJ vs. New York, NY

Compared to Parsippany Troy Hills, New York is:

Homeowner

No Child Care, Taxes not Considered

18.6% higher

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

9.4% higher

Housing (Homeowner)

59.2% higher

Housing (Rent)

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Median Home Cost

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Utilities

45.8% higher

Commute

35.9% higher

Health

28.4% higher

Taxes

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Childcare

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Personal

1.8% higher

Cost of Food

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

Cost of Living Comparison

Comparison highlights

Parsippany Troy Hills, NJ vs. New York, NY

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