Cost of Living: Newark, NJ vs Pembroke Pines, FL (2026)

Newark

New Jersey
100
VS

Pembroke Pines

Florida
130

Newark is 23% cheaper than Pembroke Pines.

$1,330/mo ↓ 30%
Median Rent
$1,910/mo ↑ 44%
$48,416/yr ↓ 41%
Median Income
$81,675/yr ↑ 69%
$337,800 ↓ 18%
Home Value
$411,700 ↑ 22%
$1,419/mo ↓ 17%
Owner Costs
$1,717/mo ↑ 21%
307,188
Population
170,557

Tax Comparison

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

Affordability

33.0%
rent-to-income
Affordability
28.1%
rent-to-income

Detailed Comparison

When comparing Newark, NJ and Pembroke Pines, FL, the overall cost of living indices are 100 and 130 respectively (national median = 100). Rent is $580/month cheaper in Newark, saving renters about $6,960/year.

Median household income is $33,259/year higher in Pembroke Pines. Home values also differ significantly — the median in Newark is $337,800 compared to $411,700 in Pembroke Pines.

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

Frequently Asked Questions

Newark vs Pembroke Pines — common questions

Is Newark or Pembroke Pines cheaper to live in?
Based on our cost index, Newark is cheaper to live in with an index of 100 compared to 130 (US average = 100).
What is the rent difference between Newark and Pembroke Pines?
Median rent in Newark is $1,330/month and in Pembroke Pines it's $1,910/month — a difference of $580/month.
Which city has higher income, Newark or Pembroke Pines?
Median household income is $48,416 in Newark and $81,675 in Pembroke Pines. Median household income is $33,259/year higher in Pembroke Pines.
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 Newark or Pembroke Pines?
It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/mo, while Pembroke Pines has a cost index of 130 with rent of $1,910/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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