Key factors that impact the cost of your Albuquerque to Newark move
What to know before moving from Albuquerque to Newark
Moving from Albuquerque to Newark comes with exciting new opportunities โ but also higher living costs. Since Newark is generally more expensive than Albuquerque, itโs important to plan ahead and budget carefully for the change.
Check out how the two cities compare so you know what to expect before you relocate:
Albuquerque | Newark | |
---|---|---|
Average rent cost | $1,250 | $2,300 |
Average home value | $329,595 | $475,797 |
Average income (per capita) | $61,503 | $41,335 |
Cost of living (single person) | $2,111 | $2,575 |
Cost of living (family of 4) | $5,353 | $5,617 |
Unemployment rate | 7.4% | 13.0% |
Sales tax | 7.63% | 6.63% |
State income tax | 5.9% | 10.7% |
- Rent prices in Newark are 84% higher than in Albuquerque, 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 Albuquerque.
Home prices in Newark are 44.4% higher than in Albuquerque. - Income in Newark is 32.8% lower than in Albuquerque, 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.
- Be sure to budget for higher bills in Newark, since the cost of living for a single person in Newark is 22.0% higher than in Albuquerque. This includes routine expenses like utilities, groceries, clothing, and transportation.
- If youโre moving your family to Newark, keep in mind that your living expenses could increase. The cost of living for a family in Newark is 4.9% higher than in Albuquerque.
- The unemployment rate in Newark is 75.68% higher than in Albuquerque.
- Youโll spend less on retail and restaurants in Newark, since the cityโs sales taxes in Newark are 13.11% lower than in Albuquerque.
- State income taxes in Newark are 81.36% higher than in Albuquerque.
To put this in perspective, you would need around $3,659.40 in Newark to maintain the same standard of life that you can have with $3,000.00 in Albuquerque.
How life is different in Albuquerque vs. Newark
Newark | Albuquerque | |
---|---|---|
Population | 304,960 | 564,559 |
AllTransit Transportation Performance Score | 9 | 5 |
Walkability score | 76 | 43 |
Bike friendliness score | 51 | 61 |
Crime Index | 75.24 | 71.72 |
Safety Index | 24.76 | 28.28 |
Air Quality | Good | Good |
- Newark might offer you a slower pace of life, since the population is about 46% less than Albuquerque.
- Newark offers better access to buses and trains than Albuquerque, based on public transportation ratings. Newark has a transit score of 9 out of 10 compared to 5 in Albuquerque. 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 Albuquerque. Newark is considered more walkable than Albuquerque, with a score of 76 out of 100 versus 43 out of 100 in Albuquerque. A cityโs walkability score indicates how pedestrian-friendly it is in terms of proximity of neighborhoods to amenities.
- You probably wonโt see as many cycling lanes or off-road trails in Newark, which is ranked as less bike-friendly than Albuquerque. While Albuquerque has a bike-friendliness score of 61 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.
- You can anticipate the same crime rate in Newark as Albuquerque. With the crime index, lower scores are better because they indicate less crime. Cities with scores of 20 or below, for example, have much fewer instances of crime than those with scores of 80โ100.
- Newark is generally as safe as Albuquerque, according to their similar safety index ratings. The ratings are based on how comfortable residents feel about walking alone during the daytime and nighttime and the number of small crimes like theft and muggings.
- The air quality in Newark and Albuquerque 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 Albuquerque 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 Albuquerque to Newark?
The most budget-friendly and comfortable times to move from Albuquerque to Newark are in the spring or fall, when the weather is mild and moving rates in Albuquerque are lower.
When is the cheapest time to move from Albuquerque to Newark?
With many people choosing to move from Albuquerque 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 Albuquerque to Newark take?
Moving from Albuquerque, NM to Newark, NJ covers 1,982 miles and usually takes five to 16 days. Need to move faster? Some Albuquerque movers offer expedited options. If youโre not ready to receive your items, look into storage solutions in Newark.