She was born in Pelesch. On February 27, 1921, she married the future king George, then crown prince, in Bucharest, but the marriage was not a success and ended in divorce in 1935. She was queen consort from 1922 to 1923, and afterwards they were in exile. When the exile of her husband was ending, they divorced. Elisabeth then returned to live in Romania until its monarchy was abolished after World War II. She died in Cannes, France in 1956.
She was once quoted as saying, "I've committed every vice in my life except murder, and I don't want to die without doing that either."