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

Elizabeth

New Jersey
112
VS

The Woodlands

Texas
139

Elizabeth is 19% cheaper than The Woodlands.

$1,463/mo ↓ 18%
Median Rent
$1,792/mo ↑ 22%
$63,874/yr ↓ 55%
Median Income
$141,353/yr ↑ 121%
$393,500 ↓ 18%
Home Value
$479,400 ↑ 22%
$1,543/mo ↓ 23%
Owner Costs
$2,005/mo ↑ 30%
135,887
Population
116,916

Tax Comparison

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

Affordability

27.5%
rent-to-income
Affordability
15.2%
rent-to-income

Detailed Comparison

When comparing Elizabeth, NJ and The Woodlands, TX, the overall cost of living indices are 112 and 139 respectively (national median = 100). Rent is $329/month cheaper in Elizabeth, saving renters about $3,948/year.

Median household income is $77,479/year higher in The Woodlands. Home values also differ significantly — the median in Elizabeth is $393,500 compared to $479,400 in The Woodlands.

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

Frequently Asked Questions

Elizabeth vs The Woodlands — common questions

Is Elizabeth or The Woodlands cheaper to live in?
Based on our cost index, Elizabeth is cheaper to live in with an index of 112 compared to 139 (US average = 100).
What is the rent difference between Elizabeth and The Woodlands?
Median rent in Elizabeth is $1,463/month and in The Woodlands it's $1,792/month — a difference of $329/month.
Which city has higher income, Elizabeth or The Woodlands?
Median household income is $63,874 in Elizabeth and $141,353 in The Woodlands. Median household income is $77,479/year higher in The Woodlands.
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 The Woodlands?
It depends on your priorities. Elizabeth has a cost index of 112 with median rent of $1,463/mo, while The Woodlands has a cost index of 139 with rent of $1,792/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Elizabeth details → View The Woodlands details →

More Comparisons

Other cost of living comparisons for Elizabeth and The Woodlands

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