Parsippany-Troy Hills, New Jersey vs. Binghamton, New York

Cost of Living Comparison

The cost of living in Binghamton, New York is 47.5% cheaper than Parsippany-Troy Hills, New Jersey.

You would need a salary of $26,266 in Binghamton, New York to maintain the standard of living you have in Parsippany-Troy Hills, New Jersey.
Comparison highlights
• Overall, Binghamton, New York is cheaper than Parsippany-Troy Hills, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
76% cheaper in Binghamton
than in Parsippany-Troy Hills, New Jersey
Parsippany Troy_Hills, NJ vs. Binghamton, NY
Compared to Parsippany Troy_Hills, Binghamton is:
  Homeowner
      No Child Care, Taxes not Considered
  47.5% 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
  8.3% lower
  Housing (Homeowner)
  81.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  6.8% lower
  Commute
  42.1% lower
  Health
  15.1% higher
  Taxes
  Childcare
  Personal
  16.5% lower