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Parsippany-Troy Hills Cost of Living: New Jersey (NJ)

The cost of living in Parsippany-Troy Hills, New Jersey (NJ) is higher than the average cost of living in the state of New Jersey and higher than the nationwide city average. The average annual pay in Parsippany-Troy Hills is $75,202.00, which is $15,735.00 higher than the salary average in New Jersey and higher than the U.S. average yearly wages by $25,394.00.

The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average Parsippany-Troy Hills annual salary, sales tax rates and the regional consumer price index.

Average Annual Pay:
Parsippany-Troy Hills New Jersey U.S. City Average
$75,202.00 $59,467.00 $49,808.00

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