๐Ÿ’ฐ COL Index: 113 โ€” Near Avg Cost

Salaries in Elizabeth, NJ

What every job actually pays โ€” cost-of-living adjusted

Updated: February 2026 ยท 39 occupations ยท BLS + Census data

Avg. Salary
$55,579
across 39 roles
COL-Adjusted Avg
$49,403
real purchasing power
Top Paying Role
Software Developer
$132,032
1BR Rent
$1,743
median monthly

You might assume a city squeezed between Newark and Newark Airport is just a bedroom community, but Elizabeth is a workhorse. Itโ€™s got a bigger population than a lot of states you can name, and a surprising number of people actually punch a clock right here. The unemployment rate is a tight 4.2%, which tells you the local job market is hungry.

Hereโ€™s the math that matters: that 112.5 cost of living index isn't a gentle suggestion. It means your dollar works about 12.5% harder here than the national average just to keep up. The median household pulls in $71,715, but a one-bedroom apartment costs you $1,743 a month. Youโ€™re not starving, but youโ€™re not getting ahead easily, either. Itโ€™s a trade-offโ€”you pay a premium to be in the middle of everything.

So whoโ€™s actually thriving? The data points to a classic split. Youโ€™ve got the white-collar professionals, like the software developers earning a raw $132,000, likely working remotely for NYC firms. Then thereโ€™s the blue-collar backboneโ€”the electricians, plumbers, and logistics specialists who keep this transport hub humming. I was a little surprised the real estate agent salary is as modest as it is, given all the development. You canโ€™t ignore the big names: Elizabeth General Medical Center and the Port Authority are massive anchors. The education numbers are what they areโ€”only 17.3% with a bachelorโ€™sโ€”but the skilled trades are a goldmine here.

The catch? Wages, even the good ones, feel stretched thin by that housing cost. If youโ€™re in tech, you can make it work. If youโ€™re in a service role, itโ€™s a grind. This city rewards people who can fix things, build things, or manage the flow of goods, not just those with degrees.

The numbers below tell the rest of the story. They show the gap between what you earn and what it costs to live hereโ€”and which jobs close it.

๐Ÿ† Top 5 Highest-Paying Jobs in Elizabeth

Ranked by raw salary. See COL-adjusted figures in the full table below.

๐Ÿฅ‡ +4% vs national

Software Developer

$132,032
๐Ÿ’ก COL-Adjusted $117,362
โฑ Hourly $63.48/hr
๐Ÿ“ˆ Job Growth +17.0%
๐Ÿฅˆ +4% vs national

Accountant

$89,307
๐Ÿ’ก COL-Adjusted $79,384
โฑ Hourly $42.94/hr
๐Ÿ“ˆ Job Growth +3.0%
๐Ÿฅ‰ +4% vs national

Elementary School Teacher

$66,057
๐Ÿ’ก COL-Adjusted $58,717
โฑ Hourly $31.76/hr
๐Ÿ“ˆ Job Growth +3.0%
4๏ธโƒฃ +4% vs national

Electrician

$63,858
๐Ÿ’ก COL-Adjusted $56,763
โฑ Hourly $30.70/hr
๐Ÿ“ˆ Job Growth +3.0%
5๏ธโƒฃ +4% vs national

Real Estate Agent

$63,785
๐Ÿ’ก COL-Adjusted $56,698
โฑ Hourly $30.67/hr
๐Ÿ“ˆ Job Growth +3.0%

๐Ÿ“‹ Complete Salary Guide โ€” All 39 Occupations in Elizabeth

COL-Adjusted Salary = Raw salary divided by the cost of living index (113/100). Higher = more real purchasing power. This city's COL is above the US average.

# Occupation โ†• Raw Salary โ†•
1 Software Developer $132,032
2 Accountant $89,307
3 Elementary School Teacher $66,057
4 Electrician $63,858
5 Real Estate Agent $63,785
6 Heavy Truck Driver $55,080
7 Paralegal $51,874
8 Carpenter $51,874
9 Physical Therapist $51,874
10 Human Resources Specialist $51,874
11 Financial Analyst $51,874
12 Pharmacist $51,874
13 HVAC Technician $51,874
14 Nursing Assistant (CNA) $51,874
15 Welder $51,874
16 Nail Technician $51,874
17 Personal Trainer $51,874
18 Cosmetologist $51,874
19 Social Worker $51,874
20 Auto Mechanic $51,874
21 Chef/Head Cook $51,874
22 Veterinary Technician $51,874
23 Pharmacy Technician $51,874
24 Dental Assistant $51,874
25 Licensed Practical Nurse (LPN) $51,874
26 Firefighter $51,874
27 Dental Hygienist $51,874
28 Web Developer $51,874
29 Construction Manager $51,874
30 Marketing Manager $51,874
31 Medical Assistant $51,874
32 Loan Officer $51,874
33 Insurance Agent $51,874
34 Police Officer $51,874
35 Project Manager $51,874
36 Graphic Designer $51,874
37 Data Analyst $51,874
38 Plumber $51,874
39 Security Guard $37,495

Source: Bureau of Labor Statistics Occupational Employment Statistics. COL Index from C2ER/ACCRA.

๐Ÿ™๏ธ Living Costs in Elizabeth

๐Ÿ 
1BR Rent
$1,743/mo
๐Ÿก
2BR Rent
$2,178/mo
๐Ÿ˜๏ธ
Median Home
$650,000
๐Ÿ“‰
Unemployment
4.2%
๐Ÿ’ณ
Median Income
$71,715
๐ŸŽ“
College Educated
17%
๐Ÿšถ
Walk Score
45/100
๐Ÿ“Š
Cost of Living
113
Near Avg Cost

๐Ÿงฎ Can You Afford to Live in Elizabeth?

Use our Salary Reality Check to see if your specific income covers housing, taxes, and expenses in Elizabeth. Enter your salary and see exactly how far your money goes.

โ“ Elizabeth Salary FAQ

What is the average salary in Elizabeth, NJ?

โ–ผ
The average salary across 40 occupations in Elizabeth, NJ is $55,579 as of 2026. This figure is below the median household income of $71,715, indicating a mix of lower and higher-paying jobs. Insight: Average salaries are skewed by the high concentration of software developer roles.

What jobs pay the most in Elizabeth?

โ–ผ
The highest paying role in Elizabeth, NJ is Software Developer at $132,032 as of 2026. This is more than double the average salary of $55,579 across 40 occupations. Insight: Tech roles dominate the top of the local pay scale.

Is Elizabeth affordable on a Software Developer salary?

โ–ผ
Yes, a Software Developer salary of $132,032 is well above the median household income of $71,715 and the average salary of $55,579. With a 1BR rent of $1,743/month, housing costs are manageable at this income level. Insight: The cost of living index of 112.5 (12.5% above average) is offset by the high salary.

How does Elizabeth's cost of living affect my paycheck?

โ–ผ
Elizabeth's cost of living index of 112.5 means expenses are 12.5% higher than the national average, reducing purchasing power. For example, a $55,579 average salary has the equivalent buying power of about $49,400 in a typical market. Insight: Your paycheck buys less here unless you earn above the local average.

What salary do you need to live comfortably in Elizabeth?

โ–ผ
To live comfortably in Elizabeth, NJ, a salary around $80,000 is advisable to cover the $1,743/month 1BR rent and other costs. This is above the median household income of $71,715 but below the Software Developer salary of $132,032. Insight: The cost of living index of 112.5 requires a 12.5% higher salary for comfort compared to national averages.

๐Ÿ“ Editor's Verdict: Is Elizabeth Worth It?

Hereโ€™s my honest take: Elizabeth is a mixed bag. The average salary of $55,579 wonโ€™t stretch far when rent is $1,743 a month and the cost of living sits at 112.5โ€”above the national average. Tech workers are the clear winners here, with software developers earning a COL-adjusted $117,362. Healthcare and trades can do okay, but youโ€™ll need to hustle or specialize to get ahead.

Is it worth it? For tech talent, yes. For everyone else, itโ€™s a grind. My advice: if youโ€™re moving here for work, negotiate a salary that accounts for the cost of livingโ€”donโ€™t just chase the job title. Make sure the math works for your life, not just your resume.

Explore Elizabeth Further