Chattanooga is 28% cheaper than Elizabeth.
When comparing Chattanooga, TN and Elizabeth, NJ, the overall cost of living indices are 81 and 112 respectively (national median = 100). Rent is $308/month cheaper in Chattanooga, saving renters about $3,696/year.
Median household income is $2,846/year higher in Elizabeth. Home values also differ significantly — the median in Chattanooga is $259,200 compared to $393,500 in Elizabeth.
Tennessee has no state income tax, giving Chattanooga residents a significant tax advantage over New Jersey's 10.75% rate.
Chattanooga vs Elizabeth — common questions
Other cost of living comparisons for Chattanooga and Elizabeth