Last update: Oct 2026

Cost of Living Comparison Between Austin, TX and Parsippany-Troy Hills, NJ

For one person, living costs are similar in Austin, TX and in Parsippany-Troy Hills, NJ: $2,698 and $2,629 a month, rent and utilities included.

129

Cost of Living Index in Austin, TX
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Austin, TX Living Index
127

Cost of Living Index in Parsippany-Troy Hills, NJ
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Parsippany-Troy Hills, NJ Living Index

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Austin, TX

🇺🇸 United States

$2,698

/mo nomad

Parsippany-Troy Hills, NJ

🇺🇸 United States

$2,629

/mo nomad

Monthly Cost of Living

How much you'll spend in Austin, TX and in Parsippany-Troy Hills, NJ

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Austin, TX and in Parsippany-Troy Hills, NJ actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,698 in Austin, TX versus $2,629 in Parsippany-Troy Hills, NJ.

Austin, TX $2,698
Parsippany-Troy Hills, NJ $2,629

Estimated couple costs with rent: $4,160 in Austin, TX versus $3,942 in Parsippany-Troy Hills, NJ.

Austin, TX $4,160
Parsippany-Troy Hills, NJ $3,942

Monthly costs for a family of three with rent: $5,622 in Austin, TX versus $5,256 in Parsippany-Troy Hills, NJ.

Austin, TX $5,622
Parsippany-Troy Hills, NJ $5,256

Living in Austin, TX is roughly 3% more expensive than in Parsippany-Troy Hills, NJ, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Austin, TX 99% above, Parsippany-Troy Hills, NJ 94% above.

Meal at Budget Restaurant

$20.63 $20.63

$15.15 $15.15

36.17%

Three-Course Dinner for Two, Mid-Range

$84.6 $84.6

$69.4 $69.4

21.81%

Fast Food Meal (McDonalds, etc)

$12.07 $12.07

$11.78 $11.78

2.46%

Cappuccino

$5.48 $5.48

$4.60 $4.60

19.13%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.80 $3.80

$2.57 $2.57

47.86%

Water (0.33 liter bottle)

$2.47 $2.47

$1.46 $1.46

69.18%

Local Beer (0.5 liter draught)

$8.05 $8.05

$7.65 $7.65

5.23%

Imported Beer (0.33 liter bottle)

$8.88 $8.88

$7.17 $7.17

23.85%

Milk (1 liter)

$1.11 $1.11

$1.12 $1.12

-0.89%

White Bread (500g)

$3.72 $3.72

$4.32 $4.32

-13.89%

Rice (white) (1kg)

$3.37 $3.37

$2.62 $2.62

28.63%

Eggs

$4.32 $4.32

$3.45 $3.45

25.22%

Local Cheese (1kg)

$13.13 $13.13

$13.16 $13.16

-0.23%

Chicken Fillets (1kg)

$14.15 $14.15

$6.58 $6.58

115.05%

Beef Round Steak (1kg)

$16.33 $16.33

$14.45 $14.45

13.01%

Apples (1kg)

$4.55 $4.55

$2.59 $2.59

75.68%

Banana (1kg)

$1.46 $1.46

$1.18 $1.18

23.73%

Oranges (1kg)

$4.71 $4.71

$2.57 $2.57

83.27%

Tomato (1kg)

$4.15 $4.15

$2.83 $2.83

46.64%

Potato (1kg)

$2.58 $2.58

$2.22 $2.22

16.22%

Onion (1kg)

$2.35 $2.35

$2.19 $2.19

7.31%

Lettuce (1 head)

$1.77 $1.77

$0.98 $0.98

80.61%

Water (1.5 liter bottle)

$2.14 $2.14

$0.52 $0.52

311.54%

Cigarettes 20 Pack (Marlboro, Camel)

$10.10 $10.10

$11.16 $11.16

-9.50%

Wine (Bottle)

$15.19 $15.19

$14.85 $14.85

2.29%

Local Beer (0.5 liter bottle)

$2.82 $2.82

$1.77 $1.77

59.32%

Imported Beer (0.33 liter bottle)

$3.44 $3.44

$2.02 $2.02

70.30%

One-way Ticket (Public Transport)

$1.54 $1.54

$3.90 $3.90

-60.51%

Public Transport Monthly Pass (Regular Price)

$40.99 $40.99

$70.8 $70.8

-42.14%

Taxi Start (Normal Tariff)

$2.80 $2.80

$2.02 $2.02

38.61%

Taxi (Normal Tariff) (1km)

$1.60 $1.60

$2.20 $2.20

-27.27%

Taxi 1hour Waiting (Normal Tariff)

$34.34 $34.34

$42.11 $42.11

-18.45%

Gasoline (1 liter)

$0.94 $0.94

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$34.0K $34.0K

$27.7K $27.7K

22.70%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.8K $26.8K

$25.4K $25.4K

5.45%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$223 $223

$175 $175

27.59%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$58.9 $58.9

$44.70 $44.70

31.77%

Internet (50+ Mbps, Unlimited Data)

$70.6 $70.6

$39.42 $39.42

79.07%

Gym Membership (Monthly)

$57.7 $57.7

$24.62 $24.62

134.36%

Tennis Court (1 Hour on Weekend)

$16.53 $16.53

Cinema Ticket

$14.26 $14.26

$12.06 $12.06

18.24%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,511 $1,511

$1,972 $1,972

-23.38%

International Primary School, 1 Child (Yearly)

$20.9K $20.9K

$15.8K $15.8K

32.34%

Jeans (Levis 501 Or Similar)

$51.3 $51.3

$32.13 $32.13

59.57%

Summer Dress (H&M, Zara, etc)

$44.17 $44.17

$47.76 $47.76

-7.52%

Sport Shoes (Adidas, Nike)

$87.0 $87.0

$87.8 $87.8

-0.96%

Men's Leather Business Shoes

$104 $104

$134 $134

-22.39%

1-bedroom Apartment, City Center (Monthly)

$1,940 $1,940

$1,841 $1,841

5.39%

1-bedroom Apartment, Outside City Center (Monthly)

$1,316 $1,316

$1,503 $1,503

-12.42%

3-bedroom Apartment, City Center (Monthly)

$3,664 $3,664

$3,358 $3,358

9.14%

3-bedroom Apartment, Outside City Center (Monthly)

$2,565 $2,565

$2,749 $2,749

-6.67%

Buy Apartment in City Center (m2)

$7,354 $7,354

$2,975 $2,975

147.25%

Buy Apartment Outside City Center (m2)

$3,129 $3,129

$2,448 $2,448

27.81%

Average Monthly Net Salary (After Tax)

$5,286 $5,286

$7,257 $7,257

-27.15%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.79

6.35

6.93%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Austin, TX: October 19, 2026

Last update for Parsippany-Troy Hills, NJ: October 20, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Austin, TX

$1.3K 48.8%

Parsippany-Troy Hills, NJ

$1.5K 57.2% 14.2% $187

Groceries & Markets

Austin, TX

$406 15.1%

Parsippany-Troy Hills, NJ

$303 11.5% 25.5% $103

Monthly Utilities & Internet

Austin, TX

$352 13.1%

Parsippany-Troy Hills, NJ

$259 9.8% 26.6% $94

Eating Out

Austin, TX

$350 13%

Parsippany-Troy Hills, NJ

$280 10.7% 19.9% $70

Clothing & Footwear

Austin, TX

$129 4.8%

Parsippany-Troy Hills, NJ

$136 5.2% 5.4% $6.9

Sport & Entertainment

Austin, TX

$86 3.2%

Parsippany-Troy Hills, NJ

$49 1.9% 43.5% $37

Getting Around

Austin, TX

$58 2.2%

Parsippany-Troy Hills, NJ

$99 3.8% 71.8% $42

Cost Breakdown

A one-bedroom apartment in the center runs $1,940 in Austin, TX and $1,841 in Parsippany-Troy Hills, NJ. Housing cost is often the main lever when comparing two cities.

Parsippany-Troy Hills, NJ pays 37% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $85.0 in Austin, TX vs $69.0 in Parsippany-Troy Hills, NJ for a mid-range dinner for two. Groceries echo the gap at $406 vs $303 per month, with Parsippany-Troy Hills, NJ cheaper across the board.

Good to know

🇺🇸 Austin, TX

🇺🇸 Parsippany-Troy Hills, NJ

🕒 Local time

01:02 1:02 AM

02:02 2:02 AM

1 h ahead of Austin, TX

🌤 Weather

👥 Population

974,447

53,238

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

On the map

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Between locations

Austin, TX Parsippany-Troy Hills, NJ 2,410 km ≈ 3 h 30 min nonstop flight

From you

Austin, TX
Parsippany-Troy Hills, NJ

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Austin, TX vs Parsippany-Troy Hills, NJ: Cost of Living - Frequently Asked Questions

Parsippany-Troy Hills, NJ wins on cost – living expenses run 3% lower than in Austin, TX. Housing and daily spending are where you'll feel the difference most, making Parsippany-Troy Hills, NJ the obvious pick if budget is a priority.

On paper, salaries run 37% lower in Parsippany-Troy Hills, NJ. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,940 in Austin, TX versus $1,841 in Parsippany-Troy Hills, NJ. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,698 per month in Austin, TX versus $2,629 in Parsippany-Troy Hills, NJ – a 3% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Parsippany-Troy Hills, NJ runs roughly 73% less than in Austin, TX. Both cities have functional networks, but the price difference matters if you're watching your budget.

Both cities are expensive relative to $2,500. Parsippany-Troy Hills, NJ is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Austin, TX and Parsippany-Troy Hills, NJ are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Parsippany-Troy Hills, NJ gentler on the wallet – expenses run 3% less than in Austin, TX. Beyond cost, consider language, visa policies, and how big the international community is in each city.