Cost of Living: Amarillo, TX vs Elizabeth, NJ (2026)

Amarillo

Texas
69
VS

Elizabeth

New Jersey
112

Amarillo is 43% cheaper than Elizabeth.

$1,049/mo ↓ 28%
Median Rent
$1,463/mo ↑ 39%
$62,469/yr ↓ 2%
Median Income
$63,874/yr ↑ 2%
$186,800 ↓ 53%
Home Value
$393,500 ↑ 111%
$1,074/mo ↓ 30%
Owner Costs
$1,543/mo ↑ 44%
200,945
Population
135,887

Tax Comparison

0%
Income Tax
10.75%
6.25%
Sales Tax
6.625%
1.6%
Property Tax
2.23%

Affordability

20.2%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Amarillo, TX and Elizabeth, NJ, the overall cost of living indices are 69 and 112 respectively (national median = 100). Rent is $414/month cheaper in Amarillo, saving renters about $4,968/year.

Median household income is $1,405/year higher in Elizabeth. Home values also differ significantly — the median in Amarillo is $186,800 compared to $393,500 in Elizabeth.

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

Frequently Asked Questions

Amarillo vs Elizabeth — common questions

Is Amarillo or Elizabeth cheaper to live in?
Based on our cost index, Amarillo is cheaper to live in with an index of 69 compared to 112 (US average = 100).
What is the rent difference between Amarillo and Elizabeth?
Median rent in Amarillo is $1,049/month and in Elizabeth it's $1,463/month — a difference of $414/month.
Which city has higher income, Amarillo or Elizabeth?
Median household income is $62,469 in Amarillo and $63,874 in Elizabeth. Median household income is $1,405/year higher in Elizabeth.
How do taxes compare between Texas and New Jersey?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to Amarillo or Elizabeth?
It depends on your priorities. Amarillo has a cost index of 69 with median rent of $1,049/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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