Cost of Living Calculator - Summit, New Jersey vs Towson, Maryland


The cost of living in Towson, Maryland is 38.2% cheaper than Summit, New Jersey.

You would need a salary of $30,876 in Towson, Maryland to maintain the standard of living you have in Summit, New Jersey.
Comparison highlights
• Overall, Towson, Maryland is cheaper than Summit, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
59% cheaper in Towson
than in Summit, New Jersey
Summit, NJ vs Towson, MD
Compared to Summit, Towson is:
  Homeowner
      No Child Care, Taxes not Considered
  38.2% 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
  7.9% lower
  Housing (Homeowner)
  62.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.4% lower
  Commute
  22.6% lower
  Health
  12.6% lower
  Taxes
  Childcare
  Personal
  0.3% higher

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