What is a pro or con of living in Parsippany-Troy Hills, New Jerseycompared to Wayne, New Jersey?

Childcare is 62% more expensive in Parsippany-Troy Hills.

What salary do I need to live in Parsippany-Troy Hills, New Jersey copmared to Wayne, New Jersey?

A salary of $50,000 in Wayne, New Jersey should increase to $52,784 in Parsippany-Troy Hills, New Jersey (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

WAYNE vs. PARSIPPANY TROY_HILLS
Cost of Living Comparison

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

Cost of Living Comparison

The cost of living in Parsippany-Troy Hills, New Jersey is 5.6% more expensive than Wayne, New Jersey.

You would need a salary of $52,784 in Parsippany-Troy Hills, New Jersey to maintain the standard of living you have in Wayne, New Jersey.

Comparison highlights

• Overall, Parsippany-Troy Hills, New Jersey is more expensive than Wayne, New Jersey
• Childcare is the biggest factor in the cost of living difference.

Childcare
62% more expensive in Parsippany-Troy Hills
than in Wayne, New Jersey

Wayne, NJ vs. Parsippany Troy_Hills, NJ

Compared to Wayne, Parsippany Troy_Hills is:

Homeowner

No Child Care, Taxes not Considered

5.6% 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

0.2% lower

Housing (Homeowner)

1.5% lower

Housing (Rent)

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Median Home Cost

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Utilities

0.4% lower

Commute

3.8% lower

Health

1.8% lower

Taxes

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Childcare

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Personal

9.4% higher

Cost of Food

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

Cost of Living Comparison

Comparison highlights

Wayne, NJ vs. Parsippany Troy_Hills, NJ

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