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

Dallas

Texas
97
VS

Elizabeth

New Jersey
112

Dallas is 13% cheaper than Elizabeth.

$1,403/mo ↓ 4%
Median Rent
$1,463/mo ↑ 4%
$67,760/yr ↑ 6%
Median Income
$63,874/yr ↓ 6%
$295,300 ↓ 25%
Home Value
$393,500 ↑ 33%
$1,409/mo ↓ 9%
Owner Costs
$1,543/mo ↑ 10%
1,299,553
Population
135,887

Tax Comparison

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

Affordability

24.8%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Dallas, TX and Elizabeth, NJ, the overall cost of living indices are 97 and 112 respectively (national median = 100). Rent is $60/month cheaper in Dallas, saving renters about $720/year.

Median household income is $3,886/year higher in Dallas. Home values also differ significantly — the median in Dallas is $295,300 compared to $393,500 in Elizabeth.

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

Frequently Asked Questions

Dallas vs Elizabeth — common questions

Is Dallas or Elizabeth cheaper to live in?
Based on our cost index, Dallas is cheaper to live in with an index of 97 compared to 112 (US average = 100).
What is the rent difference between Dallas and Elizabeth?
Median rent in Dallas is $1,403/month and in Elizabeth it's $1,463/month — a difference of $60/month.
Which city has higher income, Dallas or Elizabeth?
Median household income is $67,760 in Dallas and $63,874 in Elizabeth. Median household income is $3,886/year higher in Dallas.
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 Dallas or Elizabeth?
It depends on your priorities. Dallas has a cost index of 97 with median rent of $1,403/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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