Cost of Living: Springfield, MO vs Elizabeth, NJ (2026)

Springfield

Missouri
60
VS

Elizabeth

New Jersey
112

Springfield is 46% cheaper than Elizabeth.

$920/mo ↓ 37%
Median Rent
$1,463/mo ↑ 59%
$45,984/yr ↓ 28%
Median Income
$63,874/yr ↑ 39%
$165,200 ↓ 58%
Home Value
$393,500 ↑ 138%
$908/mo ↓ 41%
Owner Costs
$1,543/mo ↑ 70%
169,432
Population
135,887

Tax Comparison

4.95%
Income Tax
10.75%
4.225%
State Sales Tax
6.625%
0.93%
Property Tax
2.23%

Affordability

24.0%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Springfield, MO and Elizabeth, NJ, the overall cost of living indices are 60 and 112 respectively (national median = 100). Rent is $543/month cheaper in Springfield, saving renters about $6,516/year.

Median household income is $17,890/year higher in Elizabeth. Home values also differ significantly — the median in Springfield is $165,200 compared to $393,500 in Elizabeth.

Missouri has a lower income tax rate, making Springfield slightly more tax-friendly.

Frequently Asked Questions

Springfield vs Elizabeth — common questions

Is Springfield or Elizabeth cheaper to live in?
Based on our cost index, Springfield is cheaper to live in with an index of 60 compared to 112 (US average = 100).
What is the rent difference between Springfield and Elizabeth?
Median rent in Springfield is $920/month and in Elizabeth it's $1,463/month — a difference of $543/month.
Which city has higher income, Springfield or Elizabeth?
Median household income is $45,984 in Springfield and $63,874 in Elizabeth. Median household income is $17,890/year higher in Elizabeth.
How do taxes compare between Missouri and New Jersey?
Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to Springfield or Elizabeth?
It depends on your priorities. Springfield has a cost index of 60 with median rent of $920/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 Springfield details → View Elizabeth details →

More Comparisons

Other cost of living comparisons for Springfield and Elizabeth

Springfield vs. Fort Collins Springfield vs. Palmdale Springfield vs. Lancaster Springfield vs. Salinas Springfield vs. Pembroke Pines Springfield vs. Hayward Elizabeth vs. Victorville Elizabeth vs. Stamford Elizabeth vs. Miramar Elizabeth vs. Kent Elizabeth vs. Pasadena Elizabeth vs. Midland