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SUMMIT vs. BUDD LAKE
Cost of Living Comparison

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Cost of Living Calculator - Summit, New Jersey vs Budd Lake, New Jersey

The cost of living in Budd Lake, New Jersey is 34.2% cheaper than Summit, New Jersey.

You would need a salary of $32,906 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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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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