Last update: Oct 2026

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

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

127

Cost of Living Index in Parsippany-Troy Hills, NJ
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Parsippany-Troy Hills, NJ Living Index
129

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

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Parsippany-Troy Hills, NJ

🇺🇸 United States

$2,629

/mo nomad

Austin, TX

🇺🇸 United States

$2,698

/mo nomad

Monthly Cost of Living

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

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

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

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

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

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

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

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

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

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

Meal at Budget Restaurant

$15.15 $15.15

$20.63 $20.63

-26.56%

Three-Course Dinner for Two, Mid-Range

$69.4 $69.4

$84.6 $84.6

-17.90%

Fast Food Meal (McDonalds, etc)

$11.78 $11.78

$12.07 $12.07

-2.40%

Cappuccino

$4.60 $4.60

$5.48 $5.48

-16.06%

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

$2.57 $2.57

$3.80 $3.80

-32.37%

Water (0.33 liter bottle)

$1.46 $1.46

$2.47 $2.47

-40.89%

Local Beer (0.5 liter draught)

$7.65 $7.65

$8.05 $8.05

-4.97%

Imported Beer (0.33 liter bottle)

$7.17 $7.17

$8.88 $8.88

-19.26%

Milk (1 liter)

$1.12 $1.12

$1.11 $1.11

0.90%

White Bread (500g)

$4.32 $4.32

$3.72 $3.72

16.13%

Rice (white) (1kg)

$2.62 $2.62

$3.37 $3.37

-22.26%

Eggs

$3.45 $3.45

$4.32 $4.32

-20.14%

Local Cheese (1kg)

$13.16 $13.16

$13.13 $13.13

0.23%

Chicken Fillets (1kg)

$6.58 $6.58

$14.15 $14.15

-53.50%

Beef Round Steak (1kg)

$14.45 $14.45

$16.33 $16.33

-11.51%

Apples (1kg)

$2.59 $2.59

$4.55 $4.55

-43.08%

Banana (1kg)

$1.18 $1.18

$1.46 $1.46

-19.18%

Oranges (1kg)

$2.57 $2.57

$4.71 $4.71

-45.44%

Tomato (1kg)

$2.83 $2.83

$4.15 $4.15

-31.81%

Potato (1kg)

$2.22 $2.22

$2.58 $2.58

-13.95%

Onion (1kg)

$2.19 $2.19

$2.35 $2.35

-6.81%

Lettuce (1 head)

$0.98 $0.98

$1.77 $1.77

-44.63%

Water (1.5 liter bottle)

$0.52 $0.52

$2.14 $2.14

-75.70%

Cigarettes 20 Pack (Marlboro, Camel)

$11.16 $11.16

$10.10 $10.10

10.50%

Wine (Bottle)

$14.85 $14.85

$15.19 $15.19

-2.24%

Local Beer (0.5 liter bottle)

$1.77 $1.77

$2.82 $2.82

-37.23%

Imported Beer (0.33 liter bottle)

$2.02 $2.02

$3.44 $3.44

-41.28%

One-way Ticket (Public Transport)

$3.90 $3.90

$1.54 $1.54

153.25%

Public Transport Monthly Pass (Regular Price)

$70.8 $70.8

$40.99 $40.99

72.82%

Taxi Start (Normal Tariff)

$2.02 $2.02

$2.80 $2.80

-27.86%

Taxi (Normal Tariff) (1km)

$2.20 $2.20

$1.60 $1.60

37.50%

Taxi 1hour Waiting (Normal Tariff)

$42.11 $42.11

$34.34 $34.34

22.63%

Gasoline (1 liter)

$0.94 $0.94

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

$27.7K $27.7K

$34.0K $34.0K

-18.50%

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

$25.4K $25.4K

$26.8K $26.8K

-5.17%

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

$175 $175

$223 $223

-21.63%

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

$44.70 $44.70

$58.9 $58.9

-24.11%

Internet (50+ Mbps, Unlimited Data)

$39.42 $39.42

$70.6 $70.6

-44.16%

Gym Membership (Monthly)

$24.62 $24.62

$57.7 $57.7

-57.33%

Tennis Court (1 Hour on Weekend)

$16.53 $16.53

Cinema Ticket

$12.06 $12.06

$14.26 $14.26

-15.43%

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

$1,972 $1,972

$1,511 $1,511

30.52%

International Primary School, 1 Child (Yearly)

$15.8K $15.8K

$20.9K $20.9K

-24.43%

Jeans (Levis 501 Or Similar)

$32.13 $32.13

$51.3 $51.3

-37.33%

Summer Dress (H&M, Zara, etc)

$47.76 $47.76

$44.17 $44.17

8.13%

Sport Shoes (Adidas, Nike)

$87.8 $87.8

$87.0 $87.0

0.97%

Men's Leather Business Shoes

$134 $134

$104 $104

28.85%

1-bedroom Apartment, City Center (Monthly)

$1,841 $1,841

$1,940 $1,940

-5.11%

1-bedroom Apartment, Outside City Center (Monthly)

$1,503 $1,503

$1,316 $1,316

14.18%

3-bedroom Apartment, City Center (Monthly)

$3,358 $3,358

$3,664 $3,664

-8.38%

3-bedroom Apartment, Outside City Center (Monthly)

$2,749 $2,749

$2,565 $2,565

7.15%

Buy Apartment in City Center (m2)

$2,975 $2,975

$7,354 $7,354

-59.55%

Buy Apartment Outside City Center (m2)

$2,448 $2,448

$3,129 $3,129

-21.76%

Average Monthly Net Salary (After Tax)

$7,257 $7,257

$5,286 $5,286

37.27%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.35

6.79

-6.48%

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

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

Last update for Austin, TX: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Parsippany-Troy Hills, NJ

$1.5K 57.2%

Austin, TX

$1.3K 48.8% 12.4% $187

Groceries & Markets

Parsippany-Troy Hills, NJ

$303 11.5%

Austin, TX

$406 15.1% 34.1% $103

Eating Out

Parsippany-Troy Hills, NJ

$280 10.7%

Austin, TX

$350 13% 24.8% $70

Monthly Utilities & Internet

Parsippany-Troy Hills, NJ

$259 9.8%

Austin, TX

$352 13.1% 36.2% $94

Clothing & Footwear

Parsippany-Troy Hills, NJ

$136 5.2%

Austin, TX

$129 4.8% 5.1% $6.9

Getting Around

Parsippany-Troy Hills, NJ

$99 3.8%

Austin, TX

$58 2.2% 41.8% $42

Sport & Entertainment

Parsippany-Troy Hills, NJ

$49 1.9%

Austin, TX

$86 3.2% 76.9% $37

Cost Breakdown

A one-bedroom apartment in the center runs $1,841 in Parsippany-Troy Hills, NJ and $1,940 in Austin, TX. 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: $69.0 in Parsippany-Troy Hills, NJ vs $85.0 in Austin, TX for a mid-range dinner for two. Groceries echo the gap at $303 vs $406 per month, with Parsippany-Troy Hills, NJ cheaper across the board.

Good to know

🇺🇸 Parsippany-Troy Hills, NJ

🇺🇸 Austin, TX

🕒 Local time

23:40 11:40 PM

22:40 10:40 PM

1 h behind Parsippany-Troy Hills, NJ

🌤 Weather

👥 Population

53,238

974,447

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

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

From you

Parsippany-Troy Hills, NJ
Austin, TX

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

Parsippany-Troy Hills, NJ vs Austin, TX: 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.

Average pay runs 37% higher in Parsippany-Troy Hills, NJ, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

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

All in, you'll spend $2,629 per month in Parsippany-Troy Hills, NJ versus $2,698 in Austin, TX – 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, Parsippany-Troy Hills, NJ and Austin, TX 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.