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

Orlando

Florida
115
VS

Elizabeth

New Jersey
112

Orlando is 3% more expensive than Elizabeth.

$1,650/mo ↑ 13%
Median Rent
$1,463/mo ↓ 11%
$69,268/yr ↑ 8%
Median Income
$63,874/yr ↓ 8%
$359,000 ↓ 9%
Home Value
$393,500 ↑ 10%
$1,621/mo ↑ 5%
Owner Costs
$1,543/mo ↓ 5%
311,732
Population
135,887

Tax Comparison

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

Affordability

28.6%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Orlando, FL and Elizabeth, NJ, the overall cost of living indices are 115 and 112 respectively (national median = 100). Rent is $187/month cheaper in Elizabeth, saving renters about $2,244/year.

Median household income is $5,394/year higher in Orlando. Home values also differ significantly — the median in Orlando is $359,000 compared to $393,500 in Elizabeth.

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

Frequently Asked Questions

Orlando vs Elizabeth — common questions

Is Orlando or Elizabeth cheaper to live in?
Based on our cost index, Elizabeth is cheaper to live in with an index of 112 compared to 115 (US average = 100).
What is the rent difference between Orlando and Elizabeth?
Median rent in Orlando is $1,650/month and in Elizabeth it's $1,463/month — a difference of $187/month.
Which city has higher income, Orlando or Elizabeth?
Median household income is $69,268 in Orlando and $63,874 in Elizabeth. Median household income is $5,394/year higher in Orlando.
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 Orlando or Elizabeth?
It depends on your priorities. Orlando has a cost index of 115 with median rent of $1,650/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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