Cost of Living Calculator - Ringwood, New Jersey vs Troy, Michigan


The cost of living in Troy, Michigan is 10.2% cheaper than Ringwood, New Jersey.

You would need a salary of $44,915 in Troy, Michigan to maintain the standard of living you have in Ringwood, New Jersey.
Comparison highlights
• Overall, Troy, Michigan is cheaper than Ringwood, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
19% cheaper in Troy
than in Ringwood, New Jersey
Ringwood, NJ vs Troy, MI
Compared to Ringwood, Troy is:
  Homeowner
      No Child Care, Taxes not Considered
  10.2% 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
  4.3% lower
  Housing (Homeowner)
  12.0% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  3.9% lower
  Commute
  17.1% lower
  Health
  21.0% lower
  Taxes
  Childcare
  Personal
  2.0% higher

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