Cost of Living: Fair Lawn borough, NJ vs Elizabeth, NJ

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,144/mo in Fair Lawn borough, NJ versus $4,144/mo in Elizabeth, NJ. In the model, rent is about 27.81% of gross in Fair Lawn borough, NJ versus 21.33% in Elizabeth, NJ, so Elizabeth, NJ tends to feel more affordable for rent.

Take-home in Fair Lawn borough, NJ
$4,144/mo
Income level: below
Take-home in Elizabeth, NJ
$4,144/mo
Income level: near
Rent share (1BR) in Fair Lawn borough, NJ
27.81%
COLI tier: mid-range
Rent share (1BR) in Elizabeth, NJ
21.33%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Fair Lawn borough, NJ and Elizabeth, NJ.

At a glance

  • Cheaper overall (lower cost-of-living index): Elizabeth, NJ
  • Lower rent (median 1BR/2BR): Elizabeth, NJ
  • Lower home prices: Elizabeth, NJ
  • Higher median household income: Fair Lawn borough, NJ

Cost of Living Index

Fair Lawn borough, NJ: 100 (U.S. = 100) · Elizabeth, NJ: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Fair Lawn borough, NJ: $1,813/mo (midpoint of 1BR/2BR) · Elizabeth, NJ: $1,390/mo

Median rent in Fair Lawn borough, NJ is $423/mo higher than in Elizabeth, NJ.

Median Home Price

Fair Lawn borough, NJ: $532,700 · Elizabeth, NJ: $393,500

Median home price in Fair Lawn borough, NJ is $139,200 higher than in Elizabeth, NJ.

Median Household Income

Fair Lawn borough, NJ: $147,952 · Elizabeth, NJ: $63,874

Fair Lawn borough, NJ has a higher median household income than Elizabeth, NJ by $84,078.

Fair Lawn borough, NJ overview · Elizabeth, NJ overview · Popular comparisons