Cost of Living: Elizabeth, NJ vs Westminster, CO (2026)

Elizabeth

New Jersey
112
VS

Westminster

Colorado
139

Elizabeth is 19% cheaper than Westminster.

$1,463/mo ↓ 19%
Median Rent
$1,816/mo ↑ 24%
$63,874/yr ↓ 34%
Median Income
$96,145/yr ↑ 51%
$393,500 ↓ 21%
Home Value
$497,400 ↑ 26%
$1,543/mo ↓ 16%
Owner Costs
$1,841/mo ↑ 19%
135,887
Population
115,546

Tax Comparison

10.75%
Income Tax
4.4%
6.625%
State Sales Tax
2.9%
2.23%
Property Tax
0.51%

Affordability

27.5%
rent-to-income
Affordability
22.7%
rent-to-income

Detailed Comparison

When comparing Elizabeth, NJ and Westminster, CO, the overall cost of living indices are 112 and 139 respectively (national median = 100). Rent is $353/month cheaper in Elizabeth, saving renters about $4,236/year.

Median household income is $32,271/year higher in Westminster. Home values also differ significantly — the median in Elizabeth is $393,500 compared to $497,400 in Westminster.

Colorado has a lower income tax rate, making Westminster slightly more tax-friendly.

Frequently Asked Questions

Elizabeth vs Westminster — common questions

Is Elizabeth or Westminster 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 Westminster?
Median rent in Elizabeth is $1,463/month and in Westminster it's $1,816/month — a difference of $353/month.
Which city has higher income, Elizabeth or Westminster?
Median household income is $63,874 in Elizabeth and $96,145 in Westminster. Median household income is $32,271/year higher in Westminster.
How do taxes compare between New Jersey and Colorado?
New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Elizabeth or Westminster?
It depends on your priorities. Elizabeth has a cost index of 112 with median rent of $1,463/mo, while Westminster has a cost index of 139 with rent of $1,816/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Elizabeth details → View Westminster details →

More Comparisons

Other cost of living comparisons for Elizabeth and Westminster

Elizabeth vs. Victorville Elizabeth vs. Stamford Elizabeth vs. Miramar Elizabeth vs. Kent Elizabeth vs. Pasadena Elizabeth vs. Midland Westminster vs. Antioch Westminster vs. Manchester Westminster vs. Broken Arrow Westminster vs. Richmond Westminster vs. West Jordan Westminster vs. High Point