Columbia is 29% cheaper than Elizabeth.
When comparing Columbia, SC and Elizabeth, NJ, the overall cost of living indices are 80 and 112 respectively (national median = 100). Rent is $305/month cheaper in Columbia, saving renters about $3,660/year.
Median household income is $8,221/year higher in Elizabeth. Home values also differ significantly — the median in Columbia is $243,500 compared to $393,500 in Elizabeth.
South Carolina has a lower income tax rate, making Columbia slightly more tax-friendly.
Columbia vs Elizabeth — common questions
Other cost of living comparisons for Columbia and Elizabeth