Cost of Living Calculator - Towson, Maryland vs Red Bank, New Jersey


The cost of living in Red Bank, New Jersey is 9.1% more expensive than Towson, Maryland.

You would need a salary of $54,542 in Red Bank, New Jersey to maintain the standard of living you have in Towson, Maryland.
Comparison highlights
• Overall, Red Bank, New Jersey is more expensive than Towson, Maryland
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
28% more expensive in Red Bank
than in Towson, Maryland
Towson, MD vs Red Bank, NJ
Compared to Towson, Red Bank is:
  Homeowner
      No Child Care, Taxes not Considered
  9.1% higher
      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
  2.0% higher
  Housing (Homeowner)
  4.2% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  4.9% lower
  Commute
  11.9% lower
  Health
  15.4% higher
  Taxes
  Childcare
  Personal
  3.6% higher

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.