Elizabeth, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
118
Elizabeth's Overall Cost Of Living
1.2x
Higher Than The National Average
78 out of 251
In New Jersey
4,687 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Elizabeth is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Elizabeth, NJ?

According to the most recent data on the cost of living, Elizabeth has an overall cost of living index of 118 which is 1.2x higher than the national index of 100.

Compared to only New Jersey, Elizabeth has a cost of living index that's 1.0x lower than New Jersey's index of 121.

The standard of living in Elizabeth ranks as #4,689 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Elizabeth ranks as the #1,729 most expensive place in the Garden State.

For more reading on life in Elizabeth, check out:

Elizabeth Cost Of Living Vs. New Jersey

Living Expense Elizabeth New Jersey National Average
Overall 118 121 100
Services 115 107 100
Groceries 106 107 100
Health 99 100 100
Housing 134 160 100
Transportation 106 106 100
Utilities 105 98 100
For more reading on cost of living around New Jersey, check out:
Elizabeth Cost of Living Vs. NJ

Elizabeth, NJ Housing Cost Breakdown

Housing swings affordability the most between places in New Jersey, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$291,300
Median Home Value
$1,201
Median Rent
$50,647
Median Income
Statistic Elizabeth New Jersey United States
Median Home Value $291,300 $343,500 $229,800
Median Rent $1,201 $1,368 $1,096
Median Income $50,647 $85,245 $64,994
Home Value To Income 5.8x 4.0x 3.5x
Rent To Monthly Income 0.28x 0.19x 0.2x

Detailed Elizabeth Services Costs Vs. New Jersey

Item Elizabeth New Jersey
Shampoo $1.0 $1.06
Movie $12.49 $10.68
Bowling $18.0 $14.67

Detailed Elizabeth Groceries Costs Vs. New Jersey

Item Elizabeth New Jersey
Ground Beef $4.09 $4.22
Fried Chicken $1.79 $1.39
Milk $2.44 $2.05

Detailed Elizabeth Health Costs Vs. New Jersey

Item Elizabeth New Jersey
Haircut $20.93 $18.62
Beauty Salon $36.53 $39.05
Toothpaste $2.22 $2.34

Detailed Elizabeth Transportation Costs Vs. New Jersey

Item Elizabeth New Jersey
Potatoes $3.25 $3.29
Pizza $11.36 $10.62
Beer $9.32 $9.38
Optometrist $106.0 $108.57
Doctor $91.0 $116.17
Dentist $102.33 $99.13

Detailed Elizabeth Utilities Costs Vs. New Jersey

Item Elizabeth New Jersey
Gasoline $2.37 $2.22
Tire Balancing $54.12 $50.07
All Electricity $178.53 $167.67
Phone $179.87 $175.64

Elizabeth SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
8.5
Affordability
3
Diversity
9
Safety
4
Amenities
10
Education
4
Commute
7

Cost Of Living In Cities Around Elizabeth

City Population Cost Of Living Vs. Elizabeth
Newark, NJ 281,917 112 0.9x
Linden, NJ 42,332 119 1.0x
Rahway, NJ 29,691 120 1.0x
Westfield, NJ 29,690 170 1.4x
Carteret, NJ 23,501 120 1.0x
Roselle, NJ 21,699 112 0.9x
Harrison, NJ 18,313 123 1.0x
Middlesex, NJ 13,606 123 1.0x
Roselle Park, NJ 13,574 119 1.0x
Hasbrouck Heights, NJ 12,026 134 1.1x

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