Cost of Living: New York, NY vs Fort Lauderdale, FL (2026)

New York

New York
166
VS

Fort Lauderdale

Florida
132

New York is 26% more expensive than Fort Lauderdale.

$1,779/mo ≈ Same
Median Rent
$1,776/mo ≈ Same
$79,713/yr ≈ Same
Median Income
$79,935/yr ≈ Same
$751,700 ↑ 65%
Home Value
$455,600 ↓ 39%
$1,837/mo ↑ 3%
Owner Costs
$1,778/mo ↓ 3%
8,516,202
Population
183,032

Tax Comparison

10.9%
Income Tax
0%
4.0%
State Sales Tax
6.0%
1.62%
Property Tax
0.86%

Affordability

26.8%
rent-to-income
Affordability
26.7%
rent-to-income

Detailed Comparison

When comparing New York, NY and Fort Lauderdale, FL, the overall cost of living indices are 166 and 132 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $222/year higher in Fort Lauderdale. Home values also differ significantly — the median in New York is $751,700 compared to $455,600 in Fort Lauderdale.

Florida has no state income tax, giving Fort Lauderdale residents a significant tax advantage over New York's 10.9% rate.

Frequently Asked Questions

New York vs Fort Lauderdale — common questions

Is New York or Fort Lauderdale cheaper to live in?
Based on our cost index, Fort Lauderdale is cheaper to live in with an index of 132 compared to 166 (US average = 100).
What is the rent difference between New York and Fort Lauderdale?
Median rent in New York is $1,779/month and in Fort Lauderdale it's $1,776/month — a difference of $3/month.
Which city has higher income, New York or Fort Lauderdale?
Median household income is $79,713 in New York and $79,935 in Fort Lauderdale. Median household income is $222/year higher in Fort Lauderdale.
How do taxes compare between New York and Florida?
New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to New York or Fort Lauderdale?
It depends on your priorities. New York has a cost index of 166 with median rent of $1,779/mo, while Fort Lauderdale has a cost index of 132 with rent of $1,776/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View New York details → View Fort Lauderdale details →

More Comparisons

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