Cost of Living Calculator - Parsippany-Troy Hills, New Jersey vs Silver Spring, Maryland


The cost of living in Silver Spring, Maryland is 8.0% cheaper than Parsippany-Troy Hills, New Jersey.

You would need a salary of $45,999 in Silver Spring, Maryland to maintain the standard of living you have in Parsippany-Troy Hills, New Jersey.
Comparison highlights
• Overall, Silver Spring, Maryland is cheaper than Parsippany-Troy Hills, New Jersey
• Taxes is the biggest factor in the cost of living difference.
Taxes
24% cheaper in Silver Spring
than in Parsippany-Troy Hills, New Jersey
Parsippany Troy Hills, NJ vs Silver Spring, MD
Compared to Parsippany Troy Hills, Silver Spring is:
  Homeowner
      No Child Care, Taxes not Considered
  8.0% lower
      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
  5.7% higher
  Housing (Homeowner)
  4.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  6.0% higher
  Commute
  5.7% higher
  Health
  12.7% lower
  Taxes
  Childcare
  Personal
  17.1% lower

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