Cost of Living: Hollywood, FL vs Independence, MO (2026)

Hollywood

Florida
113
VS

Independence

Missouri
67

Hollywood is 69% more expensive than Independence.

$1,555/mo ↑ 47%
Median Rent
$1,061/mo ↓ 32%
$65,359/yr ↑ 10%
Median Income
$59,480/yr ↓ 9%
$374,200 ↑ 125%
Home Value
$166,400 ↓ 56%
$1,568/mo ↑ 50%
Owner Costs
$1,046/mo ↓ 33%
152,935
Population
121,944

Tax Comparison

0%
Income Tax
4.95%
6.0%
State Sales Tax
4.225%
0.86%
Property Tax
0.93%

Affordability

28.6%
rent-to-income
Affordability
21.4%
rent-to-income

Detailed Comparison

When comparing Hollywood, FL and Independence, MO, the overall cost of living indices are 113 and 67 respectively (national median = 100). Rent is $494/month cheaper in Independence, saving renters about $5,928/year.

Median household income is $5,879/year higher in Hollywood. Home values also differ significantly — the median in Hollywood is $374,200 compared to $166,400 in Independence.

Florida has no state income tax, giving Hollywood residents a significant tax advantage over Missouri's 4.95% rate.

Frequently Asked Questions

Hollywood vs Independence — common questions

Is Hollywood or Independence cheaper to live in?
Based on our cost index, Independence is cheaper to live in with an index of 67 compared to 113 (US average = 100).
What is the rent difference between Hollywood and Independence?
Median rent in Hollywood is $1,555/month and in Independence it's $1,061/month — a difference of $494/month.
Which city has higher income, Hollywood or Independence?
Median household income is $65,359 in Hollywood and $59,480 in Independence. Median household income is $5,879/year higher in Hollywood.
How do taxes compare between Florida and Missouri?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax.
Should I move to Hollywood or Independence?
It depends on your priorities. Hollywood has a cost index of 113 with median rent of $1,555/mo, while Independence has a cost index of 67 with rent of $1,061/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Hollywood details → View Independence details →

More Comparisons

Other cost of living comparisons for Hollywood and Independence

Hollywood vs. Sunnyvale Hollywood vs. Roseville Hollywood vs. Springfield Hollywood vs. Charleston Hollywood vs. Kansas City Hollywood vs. Bellevue Independence vs. College Station Independence vs. Rochester Independence vs. Clovis Independence vs. Lafayette Independence vs. Arvada Independence vs. Ann Arbor