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

Monthly Cost of Living

Monthly costs for one person with rent: $2,706 in Austin, TX versus $2,644 in Parsippany-Troy Hills, NJ.

Estimated couple costs with rent: $4,169 in Austin, TX versus $3,944 in Parsippany-Troy Hills, NJ.

Monthly costs for a family of three with rent: $5,633 in Austin, TX versus $5,243 in Parsippany-Troy Hills, NJ.

Living in Austin, TX is roughly 2% more expensive than in Parsippany-Troy Hills, NJ, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Austin, TX 103% above, Parsippany-Troy Hills, NJ 98% above.

Meal at Budget Restaurant

$19.70 $19.70

$14.93 $14.93

31.95%

Three-Course Dinner for Two, Mid-Range

$76.0 $76.0

$40.24 $40.24

88.92%

Fast Food Meal (McDonalds, etc)

$9.86 $9.86

$12.10 $12.10

-18.51%

Cappuccino

$5.48 $5.48

$4.39 $4.39

24.83%

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

$2.65 $2.65

$1.96 $1.96

35.20%

Water (0.33 liter bottle)

$2.09 $2.09

$2.05 $2.05

1.95%

Local Beer (0.5 liter draught)

$6.09 $6.09

$6.06 $6.06

0.50%

Imported Beer (0.33 liter bottle)

$8.15 $8.15

$6.11 $6.11

33.39%

Milk (1 liter)

$1.10 $1.10

$1.13 $1.13

-2.65%

White Bread (500g)

$3.39 $3.39

$4.08 $4.08

-16.91%

Rice (white) (1kg)

$3.38 $3.38

$2.64 $2.64

28.03%

Eggs

$4.39 $4.39

$3.51 $3.51

25.07%

Local Cheese (1kg)

$12.10 $12.10

$13.38 $13.38

-9.57%

Chicken Fillets (1kg)

$10.84 $10.84

$6.72 $6.72

61.31%

Beef Round Steak (1kg)

$14.68 $14.68

$14.45 $14.45

1.59%

Apples (1kg)

$4.96 $4.96

$2.70 $2.70

83.70%

Banana (1kg)

$1.51 $1.51

$1.18 $1.18

27.97%

Oranges (1kg)

$4.40 $4.40

$2.67 $2.67

64.79%

Tomato (1kg)

$4.10 $4.10

$2.90 $2.90

41.38%

Potato (1kg)

$2.81 $2.81

$2.24 $2.24

25.45%

Onion (1kg)

$2.87 $2.87

$2.14 $2.14

34.11%

Lettuce (1 head)

$1.95 $1.95

$1.03 $1.03

89.32%

Water (1.5 liter bottle)

$2.18 $2.18

$0.49 $0.49

344.90%

Cigarettes 20 Pack (Marlboro, Camel)

$8.99 $8.99

$10.97 $10.97

-18.05%

Wine (Bottle)

$15.11 $15.11

$14.90 $14.90

1.41%

Local Beer (0.5 liter bottle)

$2.33 $2.33

$1.76 $1.76

32.39%

Imported Beer (0.33 liter bottle)

$3.43 $3.43

$1.94 $1.94

76.80%

One-way Ticket (Public Transport)

$1.54 $1.54

$1.94 $1.94

-20.62%

Public Transport Monthly Pass (Regular Price)

$44.15 $44.15

$93.4 $93.4

-52.75%

Taxi Start (Normal Tariff)

$4.41 $4.41

$1.97 $1.97

123.86%

Taxi (Normal Tariff) (1km)

$1.83 $1.83

$1.64 $1.64

11.59%

Taxi 1hour Waiting (Normal Tariff)

$34.65 $34.65

$41.29 $41.29

-16.08%

Gasoline (1 liter)

$0.78 $0.78

$0.77 $0.77

1.30%

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

$26.0K $26.0K

$30.0K $30.0K

-13.49%

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

$25.9K $25.9K

$25.3K $25.3K

2.08%

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

$175 $175

$178 $178

-1.68%

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

$59.7 $59.7

$45.16 $45.16

32.22%

Internet (50+ Mbps, Unlimited Data)

$65.5 $65.5

$40.62 $40.62

61.15%

Gym Membership (Monthly)

$61.3 $61.3

$43.66 $43.66

40.33%

Tennis Court (1 Hour on Weekend)

$9.89 $9.89

Cinema Ticket

$14.76 $14.76

$12.16 $12.16

21.38%

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

$1,372 $1,372

$1,880 $1,880

-27.04%

International Primary School, 1 Child (Yearly)

$22.2K $22.2K

$40.8K $40.8K

-45.58%

Jeans (Levis 501 Or Similar)

$56.5 $56.5

$32.69 $32.69

72.90%

Summer Dress (H&M, Zara, etc)

$45.29 $45.29

$47.36 $47.36

-4.37%

Sport Shoes (Adidas, Nike)

$85.0 $85.0

$95.0 $95.0

-10.47%

Men's Leather Business Shoes

$118 $118

$133 $133

-10.99%

1-bedroom Apartment, City Center (Monthly)

$2,201 $2,201

$1,865 $1,865

18.02%

1-bedroom Apartment, Outside City Center (Monthly)

$1,403 $1,403

$1,514 $1,514

-7.38%

3-bedroom Apartment, City Center (Monthly)

$3,815 $3,815

$3,198 $3,198

19.30%

3-bedroom Apartment, Outside City Center (Monthly)

$2,680 $2,680

$2,800 $2,800

-4.28%

Buy Apartment in City Center (m2)

$7,133 $7,133

$3,033 $3,033

135.17%

Buy Apartment Outside City Center (m2)

$3,078 $3,078

$2,516 $2,516

22.35%

Average Monthly Net Salary (After Tax)

$5,110 $5,110

$7,326 $7,326

-30.25%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

6.35

1.57%

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

Last update for Austin, TX: July 12, 2026

Last update for Parsippany-Troy Hills, NJ: July 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $2,201 in Austin, TX and $1,865 in Parsippany-Troy Hills, NJ. Housing cost is often the main lever when comparing two cities.

Parsippany-Troy Hills, NJ pays 43% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $76.0 in Austin, TX vs $40.00 in Parsippany-Troy Hills, NJ for a mid-range dinner for two. Groceries echo the gap at $379 vs $303 per month, with Parsippany-Troy Hills, NJ cheaper across the board.

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 2% 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 43% 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: $2,201 in Austin, TX versus $1,865 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 $2,706 per month in Austin, TX versus $2,644 in Parsippany-Troy Hills, NJ – a 2% 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 112% 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 2% less than in Austin, TX. Beyond cost, consider language, visa policies, and how big the international community is in each city.