Cost of Living: Oklahoma City, OK vs Elizabeth, NJ (2026)

Oklahoma City

Oklahoma City
74
VS

Elizabeth

New Jersey
112

Oklahoma City is 34% cheaper than Elizabeth.

$1,083/mo ↓ 26%
Median Rent
$1,463/mo ↑ 35%
$66,702/yr ↑ 4%
Median Income
$63,874/yr ↓ 4%
$215,100 ↓ 45%
Home Value
$393,500 ↑ 83%
$1,133/mo ↓ 27%
Owner Costs
$1,543/mo ↑ 36%
688,693
Population
135,887

Tax Comparison

4.75%
Income Tax
10.75%
4.5%
State Sales Tax
6.625%
0.9%
Property Tax
2.23%

Affordability

19.5%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Oklahoma City, OK and Elizabeth, NJ, the overall cost of living indices are 74 and 112 respectively (national median = 100). Rent is $380/month cheaper in Oklahoma City, saving renters about $4,560/year.

Median household income is $2,828/year higher in Oklahoma City. Home values also differ significantly — the median in Oklahoma City is $215,100 compared to $393,500 in Elizabeth.

Oklahoma City has a lower income tax rate, making Oklahoma City slightly more tax-friendly.

Frequently Asked Questions

Oklahoma City vs Elizabeth — common questions

Is Oklahoma City or Elizabeth cheaper to live in?
Based on our cost index, Oklahoma City is cheaper to live in with an index of 74 compared to 112 (US average = 100).
What is the rent difference between Oklahoma City and Elizabeth?
Median rent in Oklahoma City is $1,083/month and in Elizabeth it's $1,463/month — a difference of $380/month.
Which city has higher income, Oklahoma City or Elizabeth?
Median household income is $66,702 in Oklahoma City and $63,874 in Elizabeth. Median household income is $2,828/year higher in Oklahoma City.
How do taxes compare between Oklahoma and New Jersey?
Oklahoma has 4.75% income tax, 4.5% sales tax, and 0.9% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to Oklahoma City or Elizabeth?
It depends on your priorities. Oklahoma City has a cost index of 74 with median rent of $1,083/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.
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