Red Bank, New Jersey vs. Morristown, New Jersey

Cost of Living Comparison

The cost of living in Morristown, New Jersey is 18.6% more expensive than Red Bank, New Jersey.

You would need a salary of $59,278 in Morristown, New Jersey to maintain the standard of living you have in Red Bank, New Jersey.
Comparison highlights
• Overall, Morristown, New Jersey is more expensive than Red Bank, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
33% more expensive in Morristown
than in Red Bank, New Jersey
Red Bank, NJ vs. Morristown, NJ
Compared to Red Bank, Morristown is:
  Homeowner
      No Child Care, Taxes not Considered
  18.6% higher
      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
  2.6% higher
  Housing (Homeowner)
  22.8% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  2.5% higher
  Commute
  30.9% higher
  Health
  1.1% higher
  Taxes
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  Childcare
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  Personal
  7.8% higher
Cost of Food
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