Lincoln is 31% cheaper than Elizabeth.
When comparing Lincoln, NE and Elizabeth, NJ, the overall cost of living indices are 77 and 112 respectively (national median = 100). Rent is $418/month cheaper in Lincoln, saving renters about $5,016/year.
Median household income is $6,117/year higher in Lincoln. Home values also differ significantly — the median in Lincoln is $248,200 compared to $393,500 in Elizabeth.
Nebraska has a lower income tax rate, making Lincoln slightly more tax-friendly.
Lincoln vs Elizabeth — common questions
Other cost of living comparisons for Lincoln and Elizabeth