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

Monthly Cost of Living

Monthly costs for one person with rent: $2,694 in Parsippany-Troy Hills, NJ versus $2,707 in Austin, TX.

Estimated couple costs with rent: $3,988 in Parsippany-Troy Hills, NJ versus $4,158 in Austin, TX.

Monthly costs for a family of three with rent: $5,283 in Parsippany-Troy Hills, NJ versus $5,608 in Austin, TX.

Monthly costs are close between Parsippany-Troy Hills, NJ and Austin, TX; which city is cheaper depends on the spending category.

Both cities are pricier than the global median: Parsippany-Troy Hills, NJ 100% above, Austin, TX 101% above.

Meal at Budget Restaurant

$14.75 $14.75

$19.50 $19.50

-24.36%

Three-Course Dinner for Two, Mid-Range

$39.54 $39.54

$75.3 $75.3

-47.51%

Fast Food Meal (McDonalds, etc)

$12.19 $12.19

$9.88 $9.88

23.38%

Cappuccino

$4.39 $4.39

$5.74 $5.74

-23.52%

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

$2.06 $2.06

$2.78 $2.78

-25.90%

Water (0.33 liter bottle)

$1.95 $1.95

$2.13 $2.13

-8.45%

Local Beer (0.5 liter draught)

$6.02 $6.02

$6.11 $6.11

-1.47%

Imported Beer (0.33 liter bottle)

$6.11 $6.11

$7.86 $7.86

-22.26%

Milk (1 liter)

$1.08 $1.08

$1.09 $1.09

-0.92%

White Bread (500g)

$4.03 $4.03

$3.44 $3.44

17.15%

Rice (white) (1kg)

$2.72 $2.72

$3.31 $3.31

-17.82%

Eggs

$3.56 $3.56

$4.29 $4.29

-17.02%

Local Cheese (1kg)

$13.02 $13.02

$11.98 $11.98

8.68%

Chicken Fillets (1kg)

$6.55 $6.55

$10.74 $10.74

-39.01%

Beef Round Steak (1kg)

$14.54 $14.54

$14.79 $14.79

-1.69%

Apples (1kg)

$2.68 $2.68

$5.00 $5.00

-46.40%

Banana (1kg)

$1.18 $1.18

$1.49 $1.49

-20.81%

Oranges (1kg)

$2.67 $2.67

$4.43 $4.43

-39.73%

Tomato (1kg)

$2.83 $2.83

$3.95 $3.95

-28.35%

Potato (1kg)

$2.15 $2.15

$2.75 $2.75

-21.82%

Onion (1kg)

$2.17 $2.17

$2.73 $2.73

-20.51%

Lettuce (1 head)

$1.03 $1.03

$2.04 $2.04

-49.51%

Water (1.5 liter bottle)

$0.48 $0.48

$2.26 $2.26

-78.76%

Cigarettes 20 Pack (Marlboro, Camel)

$10.79 $10.79

$9.09 $9.09

18.70%

Wine (Bottle)

$14.92 $14.92

$14.99 $14.99

-0.47%

Local Beer (0.5 liter bottle)

$1.70 $1.70

$2.35 $2.35

-27.66%

Imported Beer (0.33 liter bottle)

$1.95 $1.95

$3.54 $3.54

-44.92%

One-way Ticket (Public Transport)

$1.97 $1.97

$1.49 $1.49

32.21%

Public Transport Monthly Pass (Regular Price)

$94.2 $94.2

$44.05 $44.05

113.76%

Taxi Start (Normal Tariff)

$1.94 $1.94

$4.47 $4.47

-56.60%

Taxi (Normal Tariff) (1km)

$1.61 $1.61

$1.76 $1.76

-8.52%

Taxi 1hour Waiting (Normal Tariff)

$42.37 $42.37

$34.44 $34.44

23.03%

Gasoline (1 liter)

$0.83 $0.83

$0.74 $0.74

12.16%

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

$30.1K $30.1K

$25.6K $25.6K

17.19%

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

$24.7K $24.7K

$26.7K $26.7K

-7.33%

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

$183 $183

$172 $172

6.18%

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

$44.28 $44.28

$59.3 $59.3

-25.32%

Internet (50+ Mbps, Unlimited Data)

$40.16 $40.16

$66.5 $66.5

-39.58%

Gym Membership (Monthly)

$43.54 $43.54

$63.1 $63.1

-30.99%

Tennis Court (1 Hour on Weekend)

$10.17 $10.17

Cinema Ticket

$12.10 $12.10

$15.28 $15.28

-20.81%

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

$1,841 $1,841

$1,406 $1,406

30.96%

International Primary School, 1 Child (Yearly)

$40.0K $40.0K

$22.0K $22.0K

82.02%

Jeans (Levis 501 Or Similar)

$32.37 $32.37

$56.4 $56.4

-42.65%

Summer Dress (H&M, Zara, etc)

$47.90 $47.90

$45.72 $45.72

4.77%

Sport Shoes (Adidas, Nike)

$93.2 $93.2

$86.0 $86.0

8.39%

Men's Leather Business Shoes

$131 $131

$118 $118

11.84%

1-bedroom Apartment, City Center (Monthly)

$1,800 $1,800

$2,196 $2,196

-18.01%

1-bedroom Apartment, Outside City Center (Monthly)

$1,524 $1,524

$1,434 $1,434

6.30%

3-bedroom Apartment, City Center (Monthly)

$3,207 $3,207

$3,878 $3,878

-17.31%

3-bedroom Apartment, Outside City Center (Monthly)

$2,784 $2,784

$2,610 $2,610

6.69%

Buy Apartment in City Center (m2)

$2,967 $2,967

$7,228 $7,228

-58.95%

Buy Apartment Outside City Center (m2)

$2,491 $2,491

$3,282 $3,282

-24.11%

Average Monthly Net Salary (After Tax)

$7,214 $7,214

$4,984 $4,984

44.72%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.35

6.45

-1.55%

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

Last update for Parsippany-Troy Hills, NJ: April 11, 2026

Last update for Austin, TX: April 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,800 in Parsippany-Troy Hills, NJ and $2,196 in Austin, TX. Housing cost is often the main lever when comparing two cities.

Parsippany-Troy Hills, NJ pays 45% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $40 in Parsippany-Troy Hills, NJ vs $75 in Austin, TX for a mid-range dinner for two. Groceries echo the gap at $300 vs $379 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

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

Parsippany-Troy Hills, NJ pays 45% more on average, 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: $1,800 in Parsippany-Troy Hills, NJ versus $2,196 in Austin, TX. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,841 in Parsippany-Troy Hills, NJ versus $1,406 in Austin, TX. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Parsippany-Troy Hills, NJ – a meal for two runs $40.00 versus $75.0 in Austin, TX. If you eat out regularly, this makes a real dent in your monthly spending.

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.

It comes down to priorities – Parsippany-Troy Hills, NJ wins on affordability, Austin, TX on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.