Cost of Living Calculator - Summit, New Jersey vs Morristown, New Jersey


The cost of living in Morristown, New Jersey is 20.1% cheaper than Summit, New Jersey.

You would need a salary of $39,931 in Morristown, New Jersey to maintain the standard of living you have in Summit, New Jersey.
Comparison highlights
• Overall, Morristown, New Jersey is cheaper than Summit, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
30% cheaper in Morristown
than in Summit, New Jersey
Summit, NJ vs Morristown, NJ
Compared to Summit, Morristown is:
  Homeowner
      No Child Care, Taxes not Considered
  20.1% 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
  3.5% lower
  Housing (Homeowner)
  52.0% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  2.9% lower
  Commute
  10.7% lower
  Health
  1.9% higher
  Taxes
  Childcare
  Personal
  12.0% higher

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