New Orleans is 20% cheaper than Elizabeth.
When comparing New Orleans, LA and Elizabeth, NJ, the overall cost of living indices are 90 and 112 respectively (national median = 100). Rent is $252/month cheaper in New Orleans, saving renters about $3,024/year.
Median household income is $8,535/year higher in Elizabeth. Home values also differ significantly — the median in New Orleans is $296,400 compared to $393,500 in Elizabeth.
Louisiana has a lower income tax rate, making New Orleans slightly more tax-friendly.
New Orleans vs Elizabeth — common questions
Other cost of living comparisons for New Orleans and Elizabeth