Cost of Living Calculator - Miami, Florida vs Franklin Lakes, New Jersey


The cost of living in Franklin Lakes, New Jersey is 55.7% more expensive than Miami, Florida.

You would need a salary of $311,438 in Franklin Lakes, New Jersey to maintain the standard of living you have in Miami, Florida.
Comparison highlights
• Overall, Franklin Lakes, New Jersey is more expensive than Miami, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
131% more expensive in Franklin Lakes
than in Miami, Florida
Miami, FL vs Franklin Lakes, NJ
Compared to Miami, Franklin Lakes is:
  Homeowner
      No Child Care, Taxes not Considered
  55.7% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  6.6% higher
  Housing (Homeowner)
  185.1% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  17.5% higher
  Commute
  3.1% lower
  Health
  5.9% lower
  Taxes
  Childcare
  Personal
  9.2% higher

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