Elizabeth, NJ vs West New York, NJ

Elizabeth, NJ and West New York, NJ have a very similar cost of living, with only a 4.7% difference in their overall index. Elizabeth scores 116 while West New York scores 122 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Elizabeth is $1,463/month compared to $1,607/month in West New York — a 9% difference. Home values follow the same pattern: Elizabeth is more affordable at $393,500 median vs $410,200.

Median household income in Elizabeth is $63,874 compared to $67,139 in West New York (-4.9%). While West New York is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elizabeth spend roughly 27.5% of their income on rent, less than the 28.7% in West New York.