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Cost & Benefits

Hoboken vs Newark

Simple answer

You'd likely save $1,546 a month in Newark.

Typical rent is $2,938 in Hoboken and $1,392 in Newark. This is the Census typical rent, not a promise about your lease.

Hoboken

New Jersey

Typical rent
$2,938
Typical pay
$180,579 a year
2-bedroom fair rent
$2,792
Price index
112.6 (metro)

Newark

New Jersey

Typical rent
$1,392
Typical pay
$52,060 a year
2-bedroom fair rent
$2,233
Price index
112.6 (metro)

Benefits after a move

Hoboken and Newark are in the same state, so the benefit rules do not change when you move between them.