{"id":30894,"date":"2025-07-01T21:40:10","date_gmt":"2025-07-01T21:40:10","guid":{"rendered":"https:\/\/www.europesays.com\/us\/30894\/"},"modified":"2025-07-01T21:40:10","modified_gmt":"2025-07-01T21:40:10","slug":"newark-named-most-overpriced-city-in-the-u-s","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/30894\/","title":{"rendered":"Newark Named Most Overpriced City in the U.S."},"content":{"rendered":"<p>If you thought New York City was the ultimate offender when it comes to sky-high costs and daily chaos, think again. A new study from home-goods experts\u00a0Highland Cabinetry has crowned <a href=\"https:\/\/www.timeout.com\/newyork\/news\/this-new-york-airport-was-ranked-the-worst-major-u-s-airport-for-travel-disruptions-062625\" rel=\"nofollow noopener\" target=\"_blank\">Newark<\/a>, New Jersey, the Big Apple\u2019s grittier neighbor to the west, as the most overpriced city in America. Yes, Newark.<\/p>\n<p><strong>RECOMMENDED:\u00a0<a href=\"https:\/\/www.timeout.com\/newyork\/news\/nyc-apparently-doesnt-have-the-highest-average-rent-in-america-frankly-were-flabbergasted-062525\" rel=\"nofollow noopener\" target=\"_blank\">NYC apparently doesn&#8217;t have the highest average rent in America\u2014frankly, we&#8217;re flabbergasted<\/a><\/strong><\/p>\n<p>The report, which ranked major U.S. cities based on a combo of cost-of-living metrics and quality-of-life factors (like safety, traffic, pollution and income), gave Newark a \u201cperfect\u201d score of 100. Not the good kind. With monthly costs topping $5,100 and a median income of just $53,818, residents are forking over big-city money for small-city problems. Case in point: Newark\u2019s safety index clocks in at a dismal 24.76\u2014lowest on the list\u2014and traffic and pollution don\u2019t sweeten the deal.<\/p>\n<p>Trailing just behind is New York City itself, scoring 98.17. New York may have a bit more glamour and a lot more skyscrapers, but it also claims the nation\u2019s most expensive real estate at a jaw-dropping $18,402 per square foot in the city center. Even with a higher median income than Newark, the value proposition gets murky fast, especially when you factor in the traffic slog (index: 167.58) and less-than-stellar safety rating.<\/p>\n<p>And it\u2019s not just an East Coast problem. Los Angeles (score: 96.33) nabbed the No. 3\u00a0slot thanks to legendary gridlock (312.53 traffic index\u2014<a href=\"https:\/\/www.timeout.com\/los-angeles\/news\/l-a-s-traffic-nightmare-on-friday-just-might-be-the-scariest-way-to-celebrate-halloween-102424\" rel=\"nofollow noopener\" target=\"_blank\">the worst in the country<\/a>), high rents and <a href=\"https:\/\/www.timeout.com\/los-angeles\/news\/the-air-quality-in-l-a-is-even-worse-than-normal-how-worried-should-you-be-011025\" rel=\"nofollow noopener\" target=\"_blank\">air quality<\/a> that leaves something to be desired. Detroit and Wilmington round out the top five, both struggling with low incomes and safety concerns, despite being cheaper on paper.<\/p>\n<p>The Highland Cabinetry team behind the study emphasized that it\u2019s not just about price. \u201cCost of living alone doesn\u2019t define the value of a city,\u201d a spokesperson told <a href=\"https:\/\/www.zerohedge.com\/markets\/these-are-most-overpriced-cities-united-states\" rel=\"nofollow noopener\" target=\"_blank\">ZeroHedge<\/a>. \u201cWhat our data shows is that several high-cost urban areas come with serious trade-offs, whether it\u2019s long commutes, safety issues or environmental stress.\u201d<\/p>\n<p>In Newark\u2019s case, that means steep costs, shaky infrastructure and a return on investment that\u2019s, well, mostly stress. So, if you\u2019re paying Manhattan prices and getting Newark headaches, maybe it\u2019s time to reevaluate your zip code.<\/p>\n<p>The takeaway? Overpriced doesn\u2019t always mean ritzy. Sometimes it just means you&#8217;re paying too much for too little, and Newark is the unfortunate poster child.<\/p>\n","protected":false},"excerpt":{"rendered":"If you thought New York City was the ultimate offender when it comes to sky-high costs and daily&hellip;\n","protected":false},"author":3,"featured_media":30895,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[5229,10336,405,403,10337,5226,5225,5228,5227,1072,67,586,132,5230,68,2969],"class_list":{"0":"post-30894","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-america","9":"tag-categories-things-to-do","10":"tag-new-york","11":"tag-new-york-city","12":"tag-news-city-life","13":"tag-newyork","14":"tag-newyorkcity","15":"tag-ny","16":"tag-nyc","17":"tag-things-to-do","18":"tag-united-states","19":"tag-united-states-of-america","20":"tag-unitedstates","21":"tag-unitedstatesofamerica","22":"tag-us","23":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114780152372512789","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/30894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=30894"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/30894\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/30895"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=30894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=30894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=30894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}