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

Elizabeth

New Jersey
112
VS

Midland

Texas
99

Elizabeth is 13% more expensive than Midland.

$1,463/mo ↑ 4%
Median Rent
$1,407/mo ↓ 4%
$63,874/yr ↓ 30%
Median Income
$91,169/yr ↑ 43%
$393,500 ↑ 32%
Home Value
$298,600 ↓ 24%
$1,543/mo ↑ 5%
Owner Costs
$1,468/mo ↓ 5%
135,887
Population
133,998

Tax Comparison

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

Affordability

27.5%
rent-to-income
Affordability
18.5%
rent-to-income

Detailed Comparison

When comparing Elizabeth, NJ and Midland, TX, the overall cost of living indices are 112 and 99 respectively (national median = 100). Rent is $56/month cheaper in Midland, saving renters about $672/year.

Median household income is $27,295/year higher in Midland. Home values also differ significantly — the median in Elizabeth is $393,500 compared to $298,600 in Midland.

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

Frequently Asked Questions

Elizabeth vs Midland — common questions

Is Elizabeth or Midland cheaper to live in?
Based on our cost index, Midland is cheaper to live in with an index of 99 compared to 112 (US average = 100).
What is the rent difference between Elizabeth and Midland?
Median rent in Elizabeth is $1,463/month and in Midland it's $1,407/month — a difference of $56/month.
Which city has higher income, Elizabeth or Midland?
Median household income is $63,874 in Elizabeth and $91,169 in Midland. Median household income is $27,295/year higher in Midland.
How do taxes compare between New Jersey and Texas?
New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Elizabeth or Midland?
It depends on your priorities. Elizabeth has a cost index of 112 with median rent of $1,463/mo, while Midland has a cost index of 99 with rent of $1,407/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Elizabeth details → View Midland details →