Cost of Living: Jersey City, NJ vs Hollywood, FL (2026)

Jersey City

New Jersey
148
VS

Hollywood

Florida
113

Jersey City is 31% more expensive than Hollywood.

$1,902/mo ↑ 22%
Median Rent
$1,555/mo ↓ 18%
$94,813/yr ↑ 45%
Median Income
$65,359/yr ↓ 31%
$534,500 ↑ 43%
Home Value
$374,200 ↓ 30%
$2,006/mo ↑ 28%
Owner Costs
$1,568/mo ↓ 22%
289,691
Population
152,935

Tax Comparison

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

Affordability

24.1%
rent-to-income
Affordability
28.6%
rent-to-income

Detailed Comparison

When comparing Jersey City, NJ and Hollywood, FL, the overall cost of living indices are 148 and 113 respectively (national median = 100). Rent is $347/month cheaper in Hollywood, saving renters about $4,164/year.

Median household income is $29,454/year higher in Jersey City. Home values also differ significantly — the median in Jersey City is $534,500 compared to $374,200 in Hollywood.

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

Frequently Asked Questions

Jersey City vs Hollywood — common questions

Is Jersey City or Hollywood cheaper to live in?
Based on our cost index, Hollywood is cheaper to live in with an index of 113 compared to 148 (US average = 100).
What is the rent difference between Jersey City and Hollywood?
Median rent in Jersey City is $1,902/month and in Hollywood it's $1,555/month — a difference of $347/month.
Which city has higher income, Jersey City or Hollywood?
Median household income is $94,813 in Jersey City and $65,359 in Hollywood. Median household income is $29,454/year higher in Jersey City.
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 Jersey City or Hollywood?
It depends on your priorities. Jersey City has a cost index of 148 with median rent of $1,902/mo, while Hollywood has a cost index of 113 with rent of $1,555/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Jersey City details → View Hollywood details →

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