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

Irving

Texas
102
VS

Elizabeth

New Jersey
112

Irving is 9% cheaper than Elizabeth.

$1,517/mo ↑ 4%
Median Rent
$1,463/mo ↓ 4%
$79,641/yr ↑ 25%
Median Income
$63,874/yr ↓ 20%
$287,300 ↓ 27%
Home Value
$393,500 ↑ 37%
$1,521/mo ↓ 1%
Owner Costs
$1,543/mo ↑ 1%
255,036
Population
135,887

Tax Comparison

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

Affordability

22.9%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Irving, TX and Elizabeth, NJ, the overall cost of living indices are 102 and 112 respectively (national median = 100). Rent is $54/month cheaper in Elizabeth, saving renters about $648/year.

Median household income is $15,767/year higher in Irving. Home values also differ significantly — the median in Irving is $287,300 compared to $393,500 in Elizabeth.

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

Frequently Asked Questions

Irving vs Elizabeth — common questions

Is Irving or Elizabeth cheaper to live in?
Based on our cost index, Irving is cheaper to live in with an index of 102 compared to 112 (US average = 100).
What is the rent difference between Irving and Elizabeth?
Median rent in Irving is $1,517/month and in Elizabeth it's $1,463/month — a difference of $54/month.
Which city has higher income, Irving or Elizabeth?
Median household income is $79,641 in Irving and $63,874 in Elizabeth. Median household income is $15,767/year higher in Irving.
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 Irving or Elizabeth?
It depends on your priorities. Irving has a cost index of 102 with median rent of $1,517/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 Irving details → View Elizabeth details →

More Comparisons

Other cost of living comparisons for Irving and Elizabeth

Irving vs. Laredo Irving vs. Chesapeake Irving vs. St. Petersburg Irving vs. Winston-Salem Irving vs. Lubbock Irving vs. Glendale Elizabeth vs. Victorville Elizabeth vs. Stamford Elizabeth vs. Miramar Elizabeth vs. Kent Elizabeth vs. Pasadena Elizabeth vs. Midland