Cost of Living: Little Rock, AR vs Elizabeth, NJ (2026)

Little Rock

Arkansas
74
VS

Elizabeth

New Jersey
112

Little Rock is 34% cheaper than Elizabeth.

$1,067/mo ↓ 27%
Median Rent
$1,463/mo ↑ 37%
$60,583/yr ↓ 5%
Median Income
$63,874/yr ↑ 5%
$221,200 ↓ 44%
Home Value
$393,500 ↑ 78%
$1,099/mo ↓ 29%
Owner Costs
$1,543/mo ↑ 40%
202,739
Population
135,887

Tax Comparison

4.4%
Income Tax
10.75%
6.5%
State Sales Tax
6.625%
0.62%
Property Tax
2.23%

Affordability

21.1%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Little Rock, AR and Elizabeth, NJ, the overall cost of living indices are 74 and 112 respectively (national median = 100). Rent is $396/month cheaper in Little Rock, saving renters about $4,752/year.

Median household income is $3,291/year higher in Elizabeth. Home values also differ significantly — the median in Little Rock is $221,200 compared to $393,500 in Elizabeth.

Arkansas has a lower income tax rate, making Little Rock slightly more tax-friendly.

Frequently Asked Questions

Little Rock vs Elizabeth — common questions

Is Little Rock or Elizabeth cheaper to live in?
Based on our cost index, Little Rock is cheaper to live in with an index of 74 compared to 112 (US average = 100).
What is the rent difference between Little Rock and Elizabeth?
Median rent in Little Rock is $1,067/month and in Elizabeth it's $1,463/month — a difference of $396/month.
Which city has higher income, Little Rock or Elizabeth?
Median household income is $60,583 in Little Rock and $63,874 in Elizabeth. Median household income is $3,291/year higher in Elizabeth.
How do taxes compare between Arkansas and New Jersey?
Arkansas has 4.4% income tax, 6.5% sales tax, and 0.62% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to Little Rock or Elizabeth?
It depends on your priorities. Little Rock has a cost index of 74 with median rent of $1,067/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 Little Rock details → View Elizabeth details →

More Comparisons

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