Troy, Michigan vs. Parsippany-Troy Hills, New Jersey

Cost of Living Comparison

The cost of living in Parsippany-Troy Hills, New Jersey is 27.8% more expensive than Troy, Michigan.

You would need a salary of $63,881 in Parsippany-Troy Hills, New Jersey to maintain the standard of living you have in Troy, Michigan.
Comparison highlights
• Overall, Parsippany-Troy Hills, New Jersey is more expensive than Troy, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
43% more expensive in Parsippany-Troy Hills
than in Troy, Michigan
Troy, MI vs. Parsippany Troy Hills, NJ
Compared to Troy, Parsippany Troy Hills is:
  Homeowner
      No Child Care, Taxes not Considered
  27.8% higher
      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
  5.6% higher
  Housing (Homeowner)
  36.7% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  5.3% higher
  Commute
  12.8% higher
  Health
  24.4% higher
  Taxes
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  Childcare
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  Personal
  8.4% higher
Cost of Food
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