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SUMMIT vs. BUDD LAKE
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Summit, New Jersey vs. Budd Lake, New Jersey
Cost of Living Comparison
The cost of living in Budd Lake, New Jersey is
34.2%
cheaper
than Summit, New Jersey.
You would need a salary of
$110,564
in Budd Lake, New Jersey to maintain the standard of living you have in Summit, New Jersey.
Comparison highlights
• Overall, Budd Lake, New Jersey is
cheaper
than Summit, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
56% cheaper in Budd Lake
than in Summit, New Jersey
Summit, NJ vs. Budd Lake, NJ
Compared to Summit, Budd Lake is:
Homeowner
No Child Care, Taxes not Considered
34.2% lower
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
7.3% lower
Housing (Homeowner)
66.5% lower
Housing (Rent)
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Median Home Cost
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Utilities
2.9% lower
Commute
1.1% lower
Health
1.9% higher
Taxes
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Childcare
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Personal
10.9% higher
Cost of Food
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