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


The cost of living in Troy, Michigan is 21.7% cheaper than Parsippany-Troy Hills, New Jersey.

You would need a salary of $125,235 in Troy, Michigan to maintain the standard of living you have in Parsippany-Troy Hills, New Jersey.
Comparison highlights
• Overall, Troy, Michigan is cheaper than Parsippany-Troy Hills, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
30% cheaper in Troy
than in Parsippany-Troy Hills, New Jersey
Parsippany Troy Hills, NJ vs Troy, MI
Compared to Parsippany Troy Hills, Troy is:
  Homeowner
      No Child Care, Taxes not Considered
  21.7% 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
  5.3% lower
  Housing (Homeowner)
  26.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  5.0% lower
  Commute
  11.3% lower
  Health
  19.6% lower
  Taxes
  Childcare
  Personal
  7.7% lower

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