Cost of Living Comparison Between Summit, NJ and New York, NY Cost of Living Comparison Between Summit, NJ and New York, NY

🙂 Solo nomad: Summit, NJ is 40.1% cheaper than New York, NY without rent, and 39.6% cheaper with rent.
🙂 Family of 3: Summit, NJ is 18.7% cheaper than New York, NY without rent, and 44.5% cheaper with rent.
Currency
🍽 Eating Out
Summit, NJ
New York, NY
Difference
Meal at Budget Restaurant
$20.11 $20.11
$29.68 $29.68
-32.24%
Three-Course Dinner for Two, Mid-Range
$101 $101
$144 $144
-29.75%
Fast Food Meal (McDonalds, etc)
$13.81 $13.81
$12.43 $12.43
11.10%
Cappuccino
$5.07 $5.07
$5.84 $5.84
-13.18%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.46 $2.46
$3.26 $3.26
-24.54%
Water (0.33 liter bottle)
$2.05 $2.05
$2.58 $2.58
-20.54%
Local Beer (0.5 liter draught)
$8.04 $8.04
$8.24 $8.24
-2.43%
Imported Beer (0.33 liter bottle)
$7.82 $7.82
$11.86 $11.86
-34.06%
🛒 Groceries & Markets
Summit, NJ
New York, NY
Difference
Milk (1 liter)
$1.28 $1.28
$1.56 $1.56
-17.95%
White Bread (500g)
$3.88 $3.88
$5.23 $5.23
-25.81%
Rice (white) (1kg)
$5.35 $5.35
$8.11 $8.11
-34.03%
Eggs
$4.22 $4.22
$7.25 $7.25
-41.79%
Local Cheese (1kg)
$25.02 $25.02
$17.08 $17.08
46.49%
Chicken Fillets (1kg)
$12 $12
$16.24 $16.24
-26.11%
Beef Round Steak (1kg)
$17.47 $17.47
$20.02 $20.02
-12.74%
Apples (1kg)
$7.22 $7.22
$7.49 $7.49
-3.60%
Banana (1kg)
$1.72 $1.72
$2.55 $2.55
-32.55%
Oranges (1kg)
$4.05 $4.05
$5.82 $5.82
-30.41%
Tomato (1kg)
$4.11 $4.11
$6.52 $6.52
-36.96%
Potato (1kg)
$2.67 $2.67
$3.72 $3.72
-28.23%
Onion (1kg)
$3.81 $3.81
$3.9 $3.9
-2.31%
Lettuce (1 head)
$2.48 $2.48
$3.07 $3.07
-19.22%
Water (1.5 liter bottle)
$2.68 $2.68
$2.57 $2.57
4.28%
Cigarettes 20 Pack (Marlboro, Camel)
$11.06 $11.06
$19.21 $19.21
-42.43%
Wine (Bottle)
$19.05 $19.05
$17.79 $17.79
7.08%
Local Beer (0.5 liter bottle)
$1.78 $1.78
$3.01 $3.01
-40.86%
Imported Beer (0.33 liter bottle)
$6.34 $6.34
$3.72 $3.72
70.43%
🚌 Getting Around
Summit, NJ
New York, NY
Difference
One-way Ticket (Public Transport)
$1.96 $1.96
$2.92 $2.92
-32.88%
Public Transport Monthly Pass (Regular Price)
-
$134 $134
-
Taxi Start (Normal Tariff)
$3.07 $3.07
$5.13 $5.13
-40.16%
Taxi (Normal Tariff) (1km)
$2.01 $2.01
$2.15 $2.15
-6.51%
Taxi 1hour Waiting (Normal Tariff)
$24.39 $24.39
$41.57 $41.57
-41.33%
Gasoline (1 liter)
$0.93 $0.93
$0.95 $0.95
-2.11%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$30.5K $30.5K
$35K $35K
-13.05%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.1K $25.1K
$27.7K $27.7K
-9.29%
🧾 Monthly Utilities & Internet
Summit, NJ
New York, NY
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$180 $180
$179 $179
0.96%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$49.57 $49.57
$60 $60
-17.34%
Internet (50+ Mbps, Unlimited Data)
$54.7 $54.7
$63.8 $63.8
-14.29%
🎉 Sport & Entertainment
Summit, NJ
New York, NY
Difference
Gym Membership (Monthly)
$42.46 $42.46
$141 $141
-69.82%
Tennis Court (1 Hour on Weekend)
-
$63.9 $63.9
-
Cinema Ticket
$14.88 $14.88
$19.9 $19.9
-25.23%
🧸 Childcare & Education
Summit, NJ
New York, NY
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,861 $1,861
$3,206 $3,206
-41.96%
International Primary School, 1 Child (Yearly)
$24K $24K
$56.5K $56.5K
-57.54%
👕👟 Clothing & Footwear
Summit, NJ
New York, NY
Difference
Jeans (Levis 501 Or Similar)
$71 $71
$65.7 $65.7
7.99%
Summer Dress (H&M, Zara, etc)
$55.1 $55.1
$48.75 $48.75
12.94%
Sport Shoes (Adidas, Nike)
$74.8 $74.8
$111 $111
-32.75%
Men's Leather Business Shoes
$136 $136
$172 $172
-20.82%
🏠 Accommodation & Living
Summit, NJ
New York, NY
Difference
1-bedroom Apartment, City Center (Monthly)
$2,780 $2,780
$4,165 $4,165
-33.25%
1-bedroom Apartment, Outside City Center (Monthly)
$1,348 $1,348
$2,653 $2,653
-49.21%
3-bedroom Apartment, City Center (Monthly)
$5,506 $5,506
$8,412 $8,412
-34.55%
3-bedroom Apartment, Outside City Center (Monthly)
$2,221 $2,221
$5,277 $5,277
-57.92%
Buy Apartment in City Center (m2)
$2,670 $2,670
$15.6K $15.6K
-82.91%
Buy Apartment Outside City Center (m2)
$2,623 $2,623
$11.2K $11.2K
-76.49%
💵 Salaries & Financials
Summit, NJ
New York, NY
Difference
Average Monthly Net Salary (After Tax)
-
$5,616 $5,616
-
20-Year Fixed Mortgage Interest Rate (Annual %)
6.55
6.44
1.71%

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

Last update for Summit, NJ: October 29, 2025

Last update for New York, NY: October 28, 2025

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