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

Elizabeth

New Jersey
112
VS

Riverview

Florida
122

Elizabeth is 8% cheaper than Riverview.

$1,463/mo ↓ 23%
Median Rent
$1,890/mo ↑ 29%
$63,874/yr ↓ 33%
Median Income
$95,442/yr ↑ 49%
$393,500 ↑ 15%
Home Value
$341,200 ↓ 13%
$1,543/mo ↓ 13%
Owner Costs
$1,767/mo ↑ 15%
135,887
Population
107,776

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
23.8%
rent-to-income

Detailed Comparison

When comparing Elizabeth, NJ and Riverview, FL, the overall cost of living indices are 112 and 122 respectively (national median = 100). Rent is $427/month cheaper in Elizabeth, saving renters about $5,124/year.

Median household income is $31,568/year higher in Riverview. Home values also differ significantly — the median in Elizabeth is $393,500 compared to $341,200 in Riverview.

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

Frequently Asked Questions

Elizabeth vs Riverview — common questions

Is Elizabeth or Riverview cheaper to live in?
Based on our cost index, Elizabeth is cheaper to live in with an index of 112 compared to 122 (US average = 100).
What is the rent difference between Elizabeth and Riverview?
Median rent in Elizabeth is $1,463/month and in Riverview it's $1,890/month — a difference of $427/month.
Which city has higher income, Elizabeth or Riverview?
Median household income is $63,874 in Elizabeth and $95,442 in Riverview. Median household income is $31,568/year higher in Riverview.
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 Riverview?
It depends on your priorities. Elizabeth has a cost index of 112 with median rent of $1,463/mo, while Riverview has a cost index of 122 with rent of $1,890/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Elizabeth details → View Riverview details →

More Comparisons

Other cost of living comparisons for Elizabeth and Riverview

Elizabeth vs. Victorville Elizabeth vs. Stamford Elizabeth vs. Miramar Elizabeth vs. Kent Elizabeth vs. Pasadena Elizabeth vs. Midland Riverview vs. Dearborn Riverview vs. Tyler Riverview vs. Sparks Riverview vs. Tuscaloosa Riverview vs. South Fulton Riverview vs. Allen