Hollywood, FL vs Miami Gardens, FL

Hollywood, FL and Miami Gardens, FL have a very similar cost of living, with only a 1.4% difference in their overall index. Hollywood scores 117 while Miami Gardens scores 119 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hollywood is $1,555/month compared to $1,709/month in Miami Gardens — a 9% difference. Interestingly, home values tell a different story: while Hollywood has cheaper rent, Miami Gardens actually has lower median home values ($337,200 vs $374,200).

Median household income in Hollywood is $65,359 compared to $60,979 in Miami Gardens (+7.2%). Hollywood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hollywood spend roughly 28.6% of their income on rent, less than the 33.6% in Miami Gardens. The Hollywood ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (77.2°F vs 77.3°F). Miami Gardens receives more rainfall at 62" per year compared to 60.9" in Hollywood.