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

El Paso

Texas
67
VS

Elizabeth

New Jersey
112

El Paso is 40% cheaper than Elizabeth.

$1,041/mo ↓ 29%
Median Rent
$1,463/mo ↑ 41%
$58,734/yr ↓ 8%
Median Income
$63,874/yr ↑ 9%
$171,700 ↓ 56%
Home Value
$393,500 ↑ 129%
$1,044/mo ↓ 32%
Owner Costs
$1,543/mo ↑ 48%
678,147
Population
135,887

Tax Comparison

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

Affordability

21.3%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing El Paso, TX and Elizabeth, NJ, the overall cost of living indices are 67 and 112 respectively (national median = 100). Rent is $422/month cheaper in El Paso, saving renters about $5,064/year.

Median household income is $5,140/year higher in Elizabeth. Home values also differ significantly — the median in El Paso is $171,700 compared to $393,500 in Elizabeth.

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

Frequently Asked Questions

El Paso vs Elizabeth — common questions

Is El Paso or Elizabeth cheaper to live in?
Based on our cost index, El Paso is cheaper to live in with an index of 67 compared to 112 (US average = 100).
What is the rent difference between El Paso and Elizabeth?
Median rent in El Paso is $1,041/month and in Elizabeth it's $1,463/month — a difference of $422/month.
Which city has higher income, El Paso or Elizabeth?
Median household income is $58,734 in El Paso and $63,874 in Elizabeth. Median household income is $5,140/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 El Paso or Elizabeth?
It depends on your priorities. El Paso has a cost index of 67 with median rent of $1,041/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.
View El Paso details → View Elizabeth details →

More Comparisons

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