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

The cost of living in Richmond, Kentucky is 40.2% cheaper than Parsippany-Troy Hills, New Jersey.

You would need a salary of $44,869 in Richmond, Kentucky to maintain the standard of living you have in Parsippany-Troy Hills, New Jersey.
Comparison highlights
• Overall, Richmond, Kentucky is cheaper than Parsippany-Troy Hills, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
53% cheaper in Richmond
than in Parsippany-Troy Hills, New Jersey
Parsippany Troy Hills, NJ vs Richmond, KY
Compared to Parsippany Troy Hills, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  40.2% 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
  8.9% lower
  Housing (Homeowner)
  60.3% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  9.8% lower
  Commute
  45.0% lower
  Health
  3.8% higher
  Taxes
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  Childcare
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  Personal
  20.3% lower
Cost of Food
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