Cost of Living: Henderson, NV vs Elizabeth, NJ (2026)

Henderson

Nevada
131
VS

Elizabeth

New Jersey
112

Henderson is 17% more expensive than Elizabeth.

$1,750/mo ↑ 20%
Median Rent
$1,463/mo ↓ 16%
$88,654/yr ↑ 39%
Median Income
$63,874/yr ↓ 28%
$465,000 ↑ 18%
Home Value
$393,500 ↓ 15%
$1,686/mo ↑ 9%
Owner Costs
$1,543/mo ↓ 8%
324,523
Population
135,887

Tax Comparison

0%
Income Tax
10.75%
6.85%
State Sales Tax
6.625%
0.53%
Property Tax
2.23%

Affordability

23.7%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Henderson, NV and Elizabeth, NJ, the overall cost of living indices are 131 and 112 respectively (national median = 100). Rent is $287/month cheaper in Elizabeth, saving renters about $3,444/year.

Median household income is $24,780/year higher in Henderson. Home values also differ significantly — the median in Henderson is $465,000 compared to $393,500 in Elizabeth.

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

Frequently Asked Questions

Henderson vs Elizabeth — common questions

Is Henderson or Elizabeth cheaper to live in?
Based on our cost index, Elizabeth is cheaper to live in with an index of 112 compared to 131 (US average = 100).
What is the rent difference between Henderson and Elizabeth?
Median rent in Henderson is $1,750/month and in Elizabeth it's $1,463/month — a difference of $287/month.
Which city has higher income, Henderson or Elizabeth?
Median household income is $88,654 in Henderson and $63,874 in Elizabeth. Median household income is $24,780/year higher in Henderson.
How do taxes compare between Nevada and New Jersey?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to Henderson or Elizabeth?
It depends on your priorities. Henderson has a cost index of 131 with median rent of $1,750/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 Henderson details → View Elizabeth details →

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