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

The cost of living in Somerset, New Jersey is 12.0% cheaper than Parsippany-Troy Hills, New Jersey.

You would need a salary of $88,045 in Somerset, New Jersey to maintain the standard of living you have in Parsippany-Troy Hills, New Jersey.
Comparison highlights
• Overall, Somerset, New Jersey is cheaper than Parsippany-Troy Hills, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
20% cheaper in Somerset
than in Parsippany-Troy Hills, New Jersey
Parsippany Troy Hills, NJ vs Somerset, NJ
Compared to Parsippany Troy Hills, Somerset is:
  Homeowner
      No Child Care, Taxes not Considered
  12.0% 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
  1.3% lower
  Housing (Homeowner)
  26.6% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  6.1% higher
  Commute
  6.8% higher
  Health
  1.9% lower
  Taxes
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  Childcare
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  Personal
  0.5% lower
Cost of Food
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