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


The cost of living in Parsippany-Troy Hills, New Jersey is 12.8% more expensive than Red Bank, New Jersey.

You would need a salary of $112,768 in Parsippany-Troy Hills, New Jersey to maintain the standard of living you have in Red Bank, New Jersey.
Comparison highlights
• Overall, Parsippany-Troy Hills, New Jersey is more expensive than Red Bank, New Jersey
• Transportation is the biggest factor in the cost of living difference.
Transportation
36% more expensive in Parsippany-Troy Hills
than in Red Bank, New Jersey
Red Bank, NJ vs Parsippany Troy Hills, NJ
Compared to Red Bank, Parsippany Troy Hills is:
  Homeowner
      No Child Care, Taxes not Considered
  12.8% higher
      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
  0.5% higher
  Housing (Homeowner)
  21.3% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  2.1% higher
  Commute
  37.0% higher
  Health
  1.1% higher
  Taxes
  Childcare
  Personal
  6.1% higher

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