Key factors that impact the cost of your New York City to Newark move
What to know before moving from New York City to Newark
Moving from New York City to Newark means adjusting to a different pace of life โ and a different price tag. On average, it costs significantly more to live in New York City than in Newark, making the move an opportunity for many to enjoy a lower cost of living.
Check out how New York City compares to Newark so you know what to expect before you relocate:
New York City | Newark | |
---|---|---|
Average rent cost | $4,340 | $2,300 |
Average home value | $752,778 | $475,797 |
Average income (per capita) | $78,058 | $41,335 |
Cost of living (single person) | $5,683 | $2,575 |
Cost of living (family of 4) | $15,081 | $5,617 |
Unemployment rate | 11.2% | 13.0% |
Sales tax | 8.0% | 6.63% |
State income tax | 10.9% | 10.7% |
- Rent prices in Newark are 47% lower than in New York City, which means youโll have more money in your pocket each month.
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In terms of homeownership, youโll be able to get more for your money in Newark.
Home prices in Newark are 36.8% lower than in New York City. - Income in Newark is 47.0% lower than in New York City, so you could earn less for doing the same job. The top employers in Newark include Panasonic Corporation of North America, Prudential Financial, and Prudential Capital & Investment Services.
- The cost of living for a single person in Newark is 54.7% lower than in New York City. This includes routine expenses like utilities, groceries, clothing, and transportation.
- The cost of living for a family in Newark is 62.8% lower than in New York City.
- The unemployment rate in Newark is 16.07% higher than in New York City.
- Youโll spend less on retail and restaurants in Newark, since the cityโs sales taxes in Newark are 17.13% lower than in New York City.
- One perk of moving to Newark is paying less in state income taxes, which are 1.83% lower than in New York City.
To put this in perspective, you would need around $1,359.32 in Newark to maintain the same standard of life that you can have with $3,000.00 in New York City.
How life is different in New York City vs. Newark
Newark | New York City | |
---|---|---|
Population | 304,960 | 8,258,035 |
AllTransit Transportation Performance Score | 9 | 10 |
Walkability score | 76 | 88 |
Bike friendliness score | 51 | 69 |
Crime Index | 75.24 | 50.83 |
Safety Index | 24.76 | 49.17 |
Air Quality | Good | Good |
- Newark might offer you a slower pace of life, since the population is about 96% less than New York City.
- Getting around Newark without a car might be more difficult than in New York City. Newark has a public transportation score of 9 out of 10, whereas New York City is ranked 10. Ratings are based on a cityโs transit connectivity, service frequency, and accessibility to key destinations like jobs and grocery stores.
- Newark neighborhoods and districts might not be as easy to navigate on foot as New York City. Based on its score of 76 out of 100, Newark isnโt as walkable as New York City, which has a score of 88 out of 100. The higher the walkability score a city has, the easier it is to access amenities. The most walkable cities also tend to be more densely populated and have shorter block lengths.
- You probably wonโt see as many cycling lanes or off-road trails in Newark, which is ranked as less bike-friendly than New York City. While New York City has a bike-friendliness score of 69 out of 100, Newark earned a 51. Scores are based on factors like whether a city accommodates cyclists on major roadways, how often people bike to work, and how many steep hills it has.
- The crime rate in Newark is higher than in New York City, so you may want to exercise a little extra caution as you're acclimating to your new location. While the crime index is 75.24 in Newark, it is 50.83 in New York City. With this index, the lower the score, the better, since it indicates a cityโs crime levels.
- You may want to exercise more caution as youโre getting used to your new surroundings in Newark. With a crime index of 24.76, Newark ranks lower in overall safety than New York City, whose index is New York City's 49.17. The safety index measures how safe people in a city feel about walking alone, both during the day and at night, as well as data on muggings, theft, vandalism, and other instances of petty crime.
- The air quality in Newark and New York City is generally the same (Good). Cities with good to moderate ratings have clean or acceptable air quality, with the possibility of small pollutants affecting people with certain health conditions like asthma. Anything beyond the moderate rate means increased impact on residents.
Other things to consider for your New York City vs. Newark move
- Weather: Newark has cold winters and hot humid summers.
- HOA rules: To keep things running smoothly, make sure you're familiar with any HOA or community moving policies before the big day.
- Elevator reservation: Make sure to arrange elevator access in advance if your building requires reservations for moving.
- Truck parking permits: Make sure to look into local parking regulationsโsome areas require permits for large moving trucks.
- State licensing: In New Jersey, the New Jersey Division of Consumer Affairs handles the regulation of in-state moving companies. The stateโs Division of Consumer Affairs works to ensure that warehousemen (public storage companies) and public movers provide safe, reliable, and ethical services while adhering to all relevant state rules and regulations. Ensure the company you choose is licensed to handle your move.
- State regulator: You can verify a New Jersey moving company\โs license by visiting the state'spublic utilities commission
- Moving permits: You wonโt need a moving permit in New Jersey, though it\โs smart to double-check any local parking restrictions ahead of your move.
- Change of address: To avoid missing any mail, we recommend submitting your USPS change of address form at least a week before your move. You can choose your official move date to make sure everything gets forwarded properly toNewark Start the process here.
- Moving company insurance: The amount and type of insurance movers must have depends on state regulations.Released Value Protection is the most economical option as it incurs no cost. It is provided by movers at no additional charge, but the coverage is minimal. Under this option, no more than 60 cents per pound per article is the responsibility of the mover. For example, if a delicate china set weighing 20 pounds is lost or damaged by the mover, only $12 (60 cents x 20 pounds) would be received. If coverage for the full value of your items is needed, consultation with the moving company you're hiring for other options or a third-party insurance provider is recommended.
- Moving checklist: Let our moving checklist guide you through the process and help ensure nothing slips through the cracks.
Where to live in Newark
Now that youโve chosen "Brick City" as your next home, here are a few of the best neighborhoods in Newark to check out.
Best neighborhoods for singles
- North Ironbound
- South Ironbound
- Downtown
- Seventh Avenue
- Upper Roseville
Best neighborhoods for families
- Downtown
- Upper Vailsburg
- Seventh Avenue
- North Ironbound
- Springfield/Belmont
Things to do in Newark
Now that you've made the move to New Jersey, itโs the perfect time to explore Newark. From local hotspots to hidden gems, thereโs something to enjoy for every lifestyle:
- Arts and culture: Youโll find museums and cultural hubs throughout Newark, such as the Newark Museum, Grammy Museum Experience Prudential Center, Gateways to Newark: Portraits, The New Jersey Historical Society, and Museum of the Old First Ward.
- Outdoor recreation: The cityโs Branch Brook Park, Military Park, and Weequahic Park โ along with other locations, ideal for trails, cycling, or enjoying the fresh air.
- Sports: Experience the energy of a live game and back the home team at an New Jersey Devils (NHL) and Metropolitan Riveters (NWHL) game.
FAQ
When is the best time to move from New York City to Newark?
The most budget-friendly and comfortable times to move from New York City to Newark are in the spring or fall, when the weather is mild and moving rates in New York City are lower.
When is the cheapest time to move from New York City to Newark?
With many people choosing to move from New York City to Newark in spring or fall, winter moves often come with better rates. Take a look at our moving discounts guide to find out how to save.
How long does a move from New York City to Newark take?
Moving from New York City, NY to Newark, NJ covers 14 miles and usually takes . Need to move faster? Some New York City movers offer expedited options. If youโre not ready to receive your items, look into storage solutions in Newark.