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Elizabeth, CO vs Meridian, CO

120
Elizabeth
Colorado
VS
-15.9%
142
Meridian
Colorado

There is a significant gap in the cost of living between these two cities. Elizabeth is 15.9% cheaper than Meridian. With a cost index of 120 vs 142, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elizabeth to Meridian should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elizabeth is $1,526/month compared to $1,925/month in Meridian — a 21% difference. Home values follow the same pattern: Elizabeth is more affordable at $444,000 median vs $571,600.

Median household income in Elizabeth is $110,227 compared to $90,496 in Meridian (+21.8%). Elizabeth offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elizabeth spend roughly 16.6% of their income on rent, less than the 25.5% in Meridian.

Income & Cost

Cost of Living Index
Elizabeth
120
16% cheaper
Meridian
142
Median Household Income
Elizabeth
$110,227
18% higher
Meridian
$90,496

Housing

Median Rent
Elizabeth
$1,526
21% cheaper
Meridian
$1,925
Median Home Value
Elizabeth
$444,000
22% cheaper
Meridian
$571,600
Population
Elizabeth
1,694
Meridian
5,058

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elizabeth $3.11
Meridian $3.11
US $3.07
🥚
Eggs (grade A, large)
Elizabeth $2.54
Meridian $2.54
US $2.50
🥛
Milk (whole)
Elizabeth $4.09
Meridian $4.09
US $4.03
🍞
Bread (white)
Elizabeth $1.88
Meridian $1.88
US $1.85
🍗
Chicken breast
Elizabeth $4.21
Meridian $4.21
US $4.14
Electricity
Elizabeth $0.18
Meridian $0.18
US $0.19