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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 $125,241 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
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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
  5.3% lower
  Housing (Homeowner)
  26.8% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  5.0% lower
  Commute
  11.3% lower
  Health
  19.6% lower
  Taxes
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  Childcare
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  Personal
  7.7% lower
Cost of Food
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