Cost of Living: Elizabeth, NJ vs Coral Springs, FL (2026)

Elizabeth

New Jersey
112
VS

Coral Springs

Florida
146

Elizabeth is 23% cheaper than Coral Springs.

$1,463/mo ↓ 25%
Median Rent
$1,951/mo ↑ 33%
$63,874/yr ↓ 30%
Median Income
$90,643/yr ↑ 42%
$393,500 ↓ 22%
Home Value
$502,700 ↑ 28%
$1,543/mo ↓ 22%
Owner Costs
$1,969/mo ↑ 28%
135,887
Population
133,962

Tax Comparison

10.75%
Income Tax
0%
6.625%
State Sales Tax
6.0%
2.23%
Property Tax
0.86%

Affordability

27.5%
rent-to-income
Affordability
25.8%
rent-to-income

Detailed Comparison

When comparing Elizabeth, NJ and Coral Springs, FL, the overall cost of living indices are 112 and 146 respectively (national median = 100). Rent is $488/month cheaper in Elizabeth, saving renters about $5,856/year.

Median household income is $26,769/year higher in Coral Springs. Home values also differ significantly — the median in Elizabeth is $393,500 compared to $502,700 in Coral Springs.

Florida has no state income tax, giving Coral Springs residents a significant tax advantage over New Jersey's 10.75% rate.

Frequently Asked Questions

Elizabeth vs Coral Springs — common questions

Is Elizabeth or Coral Springs cheaper to live in?
Based on our cost index, Elizabeth is cheaper to live in with an index of 112 compared to 146 (US average = 100).
What is the rent difference between Elizabeth and Coral Springs?
Median rent in Elizabeth is $1,463/month and in Coral Springs it's $1,951/month — a difference of $488/month.
Which city has higher income, Elizabeth or Coral Springs?
Median household income is $63,874 in Elizabeth and $90,643 in Coral Springs. Median household income is $26,769/year higher in Coral Springs.
How do taxes compare between New Jersey and Florida?
New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Elizabeth or Coral Springs?
It depends on your priorities. Elizabeth has a cost index of 112 with median rent of $1,463/mo, while Coral Springs has a cost index of 146 with rent of $1,951/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Elizabeth details → View Coral Springs details →

More Comparisons

Other cost of living comparisons for Elizabeth and Coral Springs

Elizabeth vs. Victorville Elizabeth vs. Stamford Elizabeth vs. Miramar Elizabeth vs. Kent Elizabeth vs. Pasadena Elizabeth vs. Midland Coral Springs vs. Midland Coral Springs vs. Sterling Heights Coral Springs vs. Kent Coral Springs vs. New Haven Coral Springs vs. Stamford Coral Springs vs. Carrollton