Moving to Jersey City NJ in 2023? Complete Moving Guide

Jersey City’s cost of living is 146.8. The national average is 100. That means the average cost of living in Jersey City is higher than the U.S. average.

Check out the following major factors that make up the cost of living in Jersey City:

Jersey City’s housing market info

Do you intend to rent or buy a home after moving to Jersey City? You’ll find all types of homes in the city. Check out the following key stats about Jersey City’s housing market:

• Jersey City’s median home value is $485,300
• Over the last 10 years, Jersey City’s home values have increased by 45.0%
• Currently, Jersey City homes have appreciated by 14.1%
• About 38% of Jersey City’s population are homeowners

Home rental costs in Jersey City

Renting a home or an apartment in Jersey City may be your preferred housing option. Around 61.5% of Jersey City residents are renters. Also, up to 3.6% of homes and apartments in Jersey City are available to rent. Below are the average rental costs in Jersey City:

• The average cost of a studio apartment in Jersey City is $1,602
• The average cost of a 1-bedroom home or apartment in Jersey City is $1,703
• The average cost of a 2-bedroom home or apartment in Jersey City is $1,963
• The average cost of a 3-bedroom home or apartment in Jersey City is $2,427
• The average cost of a 4-bedroom home or apartment in Jersey City is $2,661

The following are key stats of the city’s job market to make it easier for you to have a better idea of what to expect if you’re moving to Jersey City:

What’s Jersey City’s unemployment rate?

Once you move to Jersey City, you may need a job or even run your own business. If you’re interested in getting a job after moving to Jersey City, here are key stats about the Chilltown’s job market:

• Jersey City’s unemployment rate is 8.3%. The national average is 6.0%
• Over the past year, the number of jobs in Jersey City has reduced by 0.5%
• Jersey City’s future job growth is lower than the U.S. average

Top Career Options in Jersey City

If you’re interested in getting a new job after moving to Jersey City, you may be interested in the city’s top career options. We’ve made a list of the highest-paying job in Chilltown to help you get started if you’re moving to Jersey City. Check out the list below:

If you’re moving from out of state, you may have to get familiar with New Jersey’s taxes. If you’re moving to Jersey City, here are key components of New Jersey’s taxes:

• New Jersey’s income tax is 1.40% - 10.75%
• New Jersey’s sales tax is 3.3225% - 6.625%
• Property tax in New Jersey is 2.42% average effective rate
• New Jersey’s gas tax is 10.50 cents per gallon of regular gasoline
• Per gallon of diesel, New Jersey’s gas tax is 13.50 cents

Moving to Jersey City means you’ll get the chance to experience the city’s sights and sounds. Check out this list of the best things to do in the Chilltown since you’re considering moving to Jersey City:

• Soak up all of the street art in the city
• Take out a jetski on New York Harbor
• Spend some time at the Empty Sky Memorial
• Hang out in Hoboken
• Check out at exhibition at Mana Contemporary
• Go shopping in Jersey City’s independent stores
• Eat your way around Little Manilla
• Marvel at the Central Railroad of New Jersey Terminal
• Delight in all of the food in Downtown Jersey City

Tip: Often, you feel like calculating the moving cost before you connect with a moving company. To help you, we've got a free moving cost calculator.

Below are key stats of Jersey City’s crime rates compared to New Jersey and the United States average: