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SUMMIT vs. RED_BANK
Cost of Living Comparison

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Cost of Living Calculator - Summit, New Jersey vs Red Bank, New Jersey

The cost of living in Red Bank, New Jersey is 32.6% cheaper than Summit, New Jersey.

You would need a salary of $33,683 in Red Bank, New Jersey to maintain the standard of living you have in Summit, New Jersey.

Comparison highlights

• Overall, Red Bank, New Jersey is cheaper than Summit, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
48% cheaper in Red Bank
than in Summit, New Jersey

Summit, NJ vs Red_Bank, NJ

Compared to Summit, Red_Bank is:

Homeowner

No Child Care, Taxes not Considered

32.6% 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

6.0% lower

Housing (Homeowner)

61.0% lower

Housing (Rent)

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Median Home Cost

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Utilities

5.2% lower

Commute

31.8% lower

Health

0.8% higher

Taxes

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Childcare

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Personal

3.9% higher

Cost of Food

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