Elizabeth vs Miami

The short version

  • Overall prices are about the same in both metro areas (BEA 2024).
  • The median home costs $449,300 in Elizabeth and $518,100 in Miami.
  • Households earn more in Elizabeth ($66,555 vs $62,462 median).
  • Miami has the warmer winter: January highs of 74°F vs 40°F.
  • Elizabeth gets far more snow: 32 inches a year vs 0.
  • Miami is growing faster: +10.8% since 2020 vs +3.2%.
  • Florida has no state income tax on wages; New Jersey's top rate is 10.75%.

Side by side

Elizabeth, NJMiami, FL
People
Population (2025)141,675489,812
Growth since 2020+3.2%+10.8%
People per square mile11,50113,607
Median age35.839.3
Bachelor's degree or higher15%37%
Money and housing
Median household income$66,555$62,462
Median home value$449,300$518,100
Home value to income6.8×8.3×
Median rent (with utilities)$1,523$1,758
Metro price level (US = 100)112.6114.2
Housing price level (US = 100)148.6155.6
$75,000 elsewhere equals$84,400$85,600
Homeowners26%31%
Top state income tax10.75%None
Combined sales tax6.6%6.98%
Work and commute
Average commute (minutes)26.727.3
Work from home6%16%
Take public transit11%7%
Unemployment (2020-24 avg)7.7%5.2%
Poverty rate15.7%19.4%
Weather
January high / low40° / 26°74° / 61°
July high / low87° / 69°88° / 78°
Precipitation per year47 in57 in
Snowfall per year32 in0 in
Days 90°F or hotter2830
Nights below freezing800
Comfortable months66
Risks, air and home prices
Natural hazard risk (FEMA, county)Relatively HighVery High
FEMA risk score (lower is safer)95.599.6
Good air days, 202542%53%
Home prices, past year+6.3%+1.3%
Home prices, past 5 years+53.7%+67.7%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

20°30°40°50°60°70°80°90°JanFebMarAprMayJunJulAugSepOctNovDec
Elizabeth Miami. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Elizabeth: April to June and August to October. Miami: November to April.

Full monthly tables: Elizabeth weather by month and Miami weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $84,400 in Elizabeth and $85,600 in Miami. Moving from Elizabeth to Miami, you would need about $76,100 to match a $75,000 salary.

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Moving between Elizabeth and Miami

216people moved from Union County, NJ to Miami-Dade County, FL in a year
114moved the other way

IRS county-to-county migration, 2022 to 2023 tax years, for the counties that contain each city. See where else people move from Elizabeth and Miami.

Which would you pick?

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