What is a pro or con of living in Parsippany-Troy Hills, New Jerseycompared to Spring Lake township, Michigan?

Median Home Cost is 36% more expensive in Parsippany-Troy Hills.

What salary do I need to live in Parsippany-Troy Hills, New Jersey copmared to Spring Lake township, Michigan?

A salary of $51,000 in Spring Lake township, Michigan should increase to $76,019 in Parsippany-Troy Hills, New Jersey (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

SPRING LAKE TOWNSHIP vs. PARSIPPANY TROY HILLS
Cost of Living Comparison

Spring Lake township, Michigan vs. Parsippany-Troy Hills, New Jersey

Cost of Living Comparison

The cost of living in Parsippany-Troy Hills, New Jersey is 49.1% more expensive than Spring Lake township, Michigan.

You would need a salary of $76,019 in Parsippany-Troy Hills, New Jersey to maintain the standard of living you have in Spring Lake township, Michigan.

Comparison highlights

• Overall, Parsippany-Troy Hills, New Jersey is more expensive than Spring Lake township, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
36% more expensive in Parsippany-Troy Hills
than in Spring Lake township, Michigan

Spring Lake Township, MI vs. Parsippany Troy Hills, NJ

Compared to Spring Lake Township, Parsippany Troy Hills is:

Homeowner

No Child Care, Taxes not Considered

49.1% 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

9.0% higher

Housing (Homeowner)

73.9% higher

Housing (Rent)

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Median Home Cost

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Utilities

5.0% higher

Commute

42.3% higher

Health

22.3% higher

Taxes

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Childcare

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Personal

21.3% higher

Cost of Food

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Spring Lake township, Michigan vs. Parsippany-Troy Hills, New Jersey

Cost of Living Comparison

Comparison highlights

Spring Lake Township, MI vs. Parsippany Troy Hills, NJ

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