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

Jacksonville

Florida
92
VS

Elizabeth

New Jersey
112

Jacksonville is 18% cheaper than Elizabeth.

$1,375/mo ↓ 6%
Median Rent
$1,463/mo ↑ 6%
$66,981/yr ↑ 5%
Median Income
$63,874/yr ↓ 5%
$266,100 ↓ 32%
Home Value
$393,500 ↑ 48%
$1,324/mo ↓ 14%
Owner Costs
$1,543/mo ↑ 17%
961,739
Population
135,887

Tax Comparison

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

Affordability

24.6%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Jacksonville, FL and Elizabeth, NJ, the overall cost of living indices are 92 and 112 respectively (national median = 100). Rent is $88/month cheaper in Jacksonville, saving renters about $1,056/year.

Median household income is $3,107/year higher in Jacksonville. Home values also differ significantly — the median in Jacksonville is $266,100 compared to $393,500 in Elizabeth.

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

Frequently Asked Questions

Jacksonville vs Elizabeth — common questions

Is Jacksonville or Elizabeth cheaper to live in?
Based on our cost index, Jacksonville is cheaper to live in with an index of 92 compared to 112 (US average = 100).
What is the rent difference between Jacksonville and Elizabeth?
Median rent in Jacksonville is $1,375/month and in Elizabeth it's $1,463/month — a difference of $88/month.
Which city has higher income, Jacksonville or Elizabeth?
Median household income is $66,981 in Jacksonville and $63,874 in Elizabeth. Median household income is $3,107/year higher in Jacksonville.
How do taxes compare between Florida and New Jersey?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to Jacksonville or Elizabeth?
It depends on your priorities. Jacksonville has a cost index of 92 with median rent of $1,375/mo, while Elizabeth has a cost index of 112 with rent of $1,463/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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