Key factors that impact the cost of your Charlotte to Newark move
What to know before moving from Charlotte to Newark
Moving from Charlotte 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 Charlotte than in Newark, making the move an opportunity for many to enjoy a lower cost of living.
Check out how Charlotte compares to Newark so you know what to expect before you relocate:
Charlotte | Newark | |
---|---|---|
Average rent cost | $1,790 | $2,300 |
Average home value | $391,658 | $475,797 |
Average income (per capita) | $64,814 | $41,335 |
Cost of living (single person) | $3,158 | $2,575 |
Cost of living (family of 4) | $8,325 | $5,617 |
Unemployment rate | 3.3% | 13.0% |
Sales tax | 7.25% | 6.63% |
State income tax | 4.5% | 10.7% |
- Rent prices in Newark are 29% higher than in Charlotte, which means youโll have less money in your pocket each month.
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In terms of homeownership, youโll be able to get more for your money in Charlotte.
Home prices in Newark are 21.5% higher than in Charlotte. - Income in Newark is 36.2% lower than in Charlotte, 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 18.5% lower than in Charlotte. This includes routine expenses like utilities, groceries, clothing, and transportation.
- The cost of living for a family in Newark is 32.5% lower than in Charlotte.
- The unemployment rate in Newark is 293.94% higher than in Charlotte.
- Youโll spend less on retail and restaurants in Newark, since the cityโs sales taxes in Newark are 8.55% lower than in Charlotte.
- State income taxes in Newark are 137.78% higher than in Charlotte.
To put this in perspective, you would need around $2,446.17 in Newark to maintain the same standard of life that you can have with $3,000.00 in Charlotte.
How life is different in Charlotte vs. Newark
Newark | Charlotte | |
---|---|---|
Population | 304,960 | 874,579 |
AllTransit Transportation Performance Score | 9 | 5 |
Walkability score | 76 | 26 |
Bike friendliness score | 51 | 31 |
Crime Index | 75.24 | 46.52 |
Safety Index | 24.76 | 53.48 |
Air Quality | Good | Moderate |
- Newark might offer you a slower pace of life, since the population is about 65% less than Charlotte.
- Newark offers better access to buses and trains than Charlotte, based on public transportation ratings. Newark has a transit score of 9 out of 10 compared to 5 in Charlotte. The higher the score, the more public transportation pickup and dropoff locations a city provides.
- Living in Newark means youโll likely be within closer walking distance to restaurants, shops, parks, and entertainment than you are in Charlotte. Newark is considered more walkable than Charlotte, with a score of 76 out of 100 versus 26 out of 100 in Charlotte. A cityโs walkability score indicates how pedestrian-friendly it is in terms of proximity of neighborhoods to amenities.
- If cycling is your thing, Newark is considered more bike-friendly than Charlotte in terms of designated lanes and connectivity and how many residents opt to commute on two wheels rather than by car. Newark has a bike-friendliness score of 51 out of 100, while Charlotte is rated as 31 out of 100.
- The crime rate in Newark is higher than in Charlotte, 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 46.52 in Charlotte. 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 Charlotte, whose index is Charlotte's 53.48. 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.
- You can breathe easy knowing that Newark has better air quality than in Charlotte. Newark has Good air quality, compared to moderate in Charlotte. Ratings of good to moderate mean very low risk of health concerns, although people with conditions like asthma or allergies could be affected. Beyond the moderate rating, health concerns increase for some or all residents.
Other things to consider for your Charlotte 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
After settling into your new New Jersey home, youโll want to branch out and explore your new city. Luckily, Newark has lots to offer, no matter what youโre interested in:
- Arts and culture: Newark is home to museums and cultural arts centers like 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 among other sites โ are great places to hike, ride bikes, or just enjoy nature.
- Sports: Catch a live game and cheer on the home team at an New Jersey Devils (NHL) and Metropolitan Riveters (NWHL) game.
FAQ
When is the best time to move from Charlotte to Newark?
The most budget-friendly and comfortable times to move from Charlotte to Newark are in the spring or fall, when the weather is mild and moving rates in Charlotte are lower.
When is the cheapest time to move from Charlotte to Newark?
With many people choosing to move from Charlotte 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 Charlotte to Newark take?
Moving from Charlotte, NC to Newark, NJ covers 622 miles and usually takes one to six days. Need to move faster? Some Charlotte movers offer expedited options. If youโre not ready to receive your items, look into storage solutions in Newark.