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

Miramar

Florida
135
VS

Elizabeth

New Jersey
112

Miramar is 23% more expensive than Elizabeth.

$1,954/mo ↑ 34%
Median Rent
$1,463/mo ↓ 25%
$86,109/yr ↑ 35%
Median Income
$63,874/yr ↓ 26%
$420,300 ↑ 7%
Home Value
$393,500 ↓ 6%
$1,863/mo ↑ 21%
Owner Costs
$1,543/mo ↓ 17%
135,986
Population
135,887

Tax Comparison

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

Affordability

27.2%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Miramar, FL and Elizabeth, NJ, the overall cost of living indices are 135 and 112 respectively (national median = 100). Rent is $491/month cheaper in Elizabeth, saving renters about $5,892/year.

Median household income is $22,235/year higher in Miramar. Home values also differ significantly — the median in Miramar is $420,300 compared to $393,500 in Elizabeth.

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

Frequently Asked Questions

Miramar vs Elizabeth — common questions

Is Miramar or Elizabeth cheaper to live in?
Based on our cost index, Elizabeth is cheaper to live in with an index of 112 compared to 135 (US average = 100).
What is the rent difference between Miramar and Elizabeth?
Median rent in Miramar is $1,954/month and in Elizabeth it's $1,463/month — a difference of $491/month.
Which city has higher income, Miramar or Elizabeth?
Median household income is $86,109 in Miramar and $63,874 in Elizabeth. Median household income is $22,235/year higher in Miramar.
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 Miramar or Elizabeth?
It depends on your priorities. Miramar has a cost index of 135 with median rent of $1,954/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.
View Miramar details → View Elizabeth details →