Elizabeth, NJ vs Lynn, MA: Cost of Living

Which city costs less?

Lynn, MA has a modeled overall cost index 34.7% higher than Elizabeth, NJ.

Elizabeth, NJ · modeled 2BR rent: $2,015 / month
Lynn, MA · modeled 2BR rent: $2,560 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

Adjust your income and compare the budget ↓

Tap to swap

Cost of Living Comparison 2026

Compare Elizabeth, NJ and Lynn, MA using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

Current salary in Elizabeth, NJ

Numbers update automatically as you type

Estimated extra cost: $2,484/month in Lynn, MA

$150,000 in your current city has a modeled equivalent of $179,803 in Lynn, MA

Regional cost estimates: Elizabeth, NJ uses Newark, NJ. Lynn, MA uses Boston, MA. Available city ZIP rent estimates are shown separately.

Overall Cost

↑ 34.7%

More expensive

Monthly Impact

$2,484

Extra cost

Annual Impact

$29.8K

Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Elizabeth, NJ

Population:136K

Cost Index:

106.1

100 = national average

Typical Home:$501K

Lynn, MA

Population:101K

Cost Index:

142.8

100 = national average

Typical Home:$521K

Planning the move to Lynn?

Organize packing, address changes, and moving-day tasks with a free checklist. Your progress saves in this browser. No account needed.

Plan my move with the free checklist

Elizabeth, NJ

The Garden State

136K

Population

State Tax

Yes

Located in New Jersey, this city has a population of 136K residents.

Lynn, MA

The Bay State

101K

Population

State Tax

Yes

Located in Massachusetts, this city has a population of 101K residents.

Cost Breakdown by Category

Estimated monthly spending: Elizabeth, NJ vs Lynn, MA

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Category	Elizabeth, NJ	Lynn, MA	Difference	Change
Housing	$1,893/mo	$4,311/mo	↑ $2,418more	127.8%
Other	$1,884/mo	$1,657/mo	↓ $227less	12.1%
Transportation	$1,487/mo	$1,662/mo	↑ $175more	11.8%
All Utilities	$559/mo	$664/mo	↑ $105more	18.7%
Healthcare	$646/mo	$690/mo	↑ $43.94more	6.8%
Groceries	$1,032/mo	$1,001/mo	↓ $30.95less	3.0%

Housing

↑ 127.8%

Elizabeth, NJ

$1,893

Lynn, MA

$4,311

Difference

$2,418

Other

↓ 12.1%

Elizabeth, NJ

$1,884

Lynn, MA

$1,657

Difference

$227

less

Transportation

↑ 11.8%

Elizabeth, NJ

$1,487

Lynn, MA

$1,662

Difference

$175

All Utilities

↑ 18.7%

Elizabeth, NJ

$559

Lynn, MA

$664

Difference

$105

Healthcare

↑ 6.8%

Elizabeth, NJ

$646

Lynn, MA

$690

Difference

$43.94

Groceries

↓ 3.0%

Elizabeth, NJ

$1,032

Lynn, MA

$1,001

Difference

$30.95

less

🏠Rent Comparison

Studio

From$1,475

To$2,040

↑ $565

1 Bed

From$1,665

To$2,160

↑ $495

2 Bed

From$2,015

To$2,560

↑ $545

3 Bed

From$2,525

To$3,080

↑ $555

Elizabeth, NJZIP-level data

1BR range: $1,600–$1,700/mo

Lynn, MAZIP-level data

1BR range: $2,160–$2,160/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500

Monthly in Elizabeth, NJ

$9,984

Monthly in Lynn, MA

$2,484

Difference

Home Values

Elizabeth

Lynn

$501K

Median Value

$521K

↑ +4.3%

YoY Change

↑ +0.6%

↑ +55.6%

5-Year Change

↑ +31.5%

$495K - $565K

Price Range

$521K

Homes in Lynn are 4% more expensive than Elizabeth

Calculate payment - Elizabeth Calculate payment - Lynn

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $69.50

More taxes

Monthly Difference

$5.79

Less take-home

Effective Rate Diff

0.0%

Rate difference

Elizabeth, NJ

Federal Income Tax

Effective: 18.9%

$25.5K

New Jersey State Tax

Effective: 5.0%

$7.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.6%

$44.4K

Take-Home Pay

$8,796/month

$105.6K

Lynn, MA

Federal Income Tax

Effective: 18.9%

$25.5K

Massachusetts State Tax

Effective: 5.0%

$7.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.7%

$44.5K

Take-Home Pay

$8,791/month

$105.5K

Additional Tax Information

Elizabeth, NJ Tax Rates

Sales Tax:6.6%

Property Tax:2.5%

Lynn, MA Tax Rates

Sales Tax:6.3%

Property Tax:1.2%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Elizabeth

Lynn

N/A

Air Quality

36 Good

Good Air Days

79.5%

98 High

Climate Risk

94 Moderate

🌊🌡🌪

Top Hazards

🌊🌅🌀

▲+2.9°F

2050 Outlook

▲+2.5°F

15 days

Heat Days >95°F

6 days

▲+2.9°F

2050 Outlook

▲+2.5°F

15 days

Heat Days >95°F

6 days

Before moving from Elizabeth, NJ to Lynn, MA

Use this comparison to shortlist a move, then check the costs that depend on your household.

Compare actual homes. Get current quotes in Lynn, MA for the same bedroom count and included utilities as your home in Elizabeth, NJ. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Elizabeth to Lynn moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Lynn, MA by cost, housing, population and region.

Frequently Asked Questions: Elizabeth, NJ vs Lynn, MA

How do the cost estimates for Elizabeth, NJ and Lynn, MA compare?

Lynn, MA has a modeled overall cost index 34.7% higher than Elizabeth, NJ. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Elizabeth, NJ, the model estimates $179,803 in Lynn, MA. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Elizabeth, NJ and Lynn, MA?

The modeled two-bedroom rents are $2,015/month in Elizabeth, NJ and $2,560/month in Lynn, MA. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between New Jersey and Massachusetts on TaxTakeHome.com