Cost of Living in Newburyport, MA

Population 18,444 · Massachusetts · Data vintage 2023

202
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Newburyport's housing market reflects its status as a high-earning metro: $792,000 for a typical home, 160% above the US median, paired with household incomes around $144,259 that put it in the upper third of the state.

Geographically, Newburyport sits roughly 25 miles north of Lynn. Median home values run roughly 68% higher than Lynn's $473,000.

Cost Overview

Housing 260
Rent 115

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Newburyport

The median home value in Newburyport is $792,400 — 160% above the national median of $305,000. Median rent runs $1,511/month, 15% higher than the national median of $1,314/month. The median household income of $144,259/year is 93% higher than the US median of $74,580. The local unemployment rate is 5.8%, above the national average of 4.8%. Massachusetts's top state income tax rate is 9.0% and the combined sales tax is 6.3%. Overall, Newburyport has a cost of living index of 202 versus the US average of 100, meaning it is 102% more expensive.

🏠 Housing

Median Home Value
$792,400
160% above avg
Zillow Home Value
$906,071
Zillow ZHVI
Median Rent
$1,511/mo
15% above avg
Zillow Rent
$2,769/mo
Zillow ZORI
Price-to-Rent Ratio
43.7x
Favors renting
Property Tax Rate
1.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,429
1 BR
$1,498
2 BR
$1,963
3 BR
$2,405
4 BR
$2,811
Owner-occupied 76.2%
Renter-occupied 23.8%

💰 Estimated Monthly Budget

Rent median rent
$1,511
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,125/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
35.5 min
31% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.6%

Commute Mode

Drove alone
63.1%
Carpooled
3.9%
Public transit
3.0%
Walked
4.6%
Bicycle
0.5%
Work from home
23.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.0%
Total Sales Tax 6.3%
State rate 6.3%
Avg local rate 0.0%
Property Tax 1.2%

💼 Income & Employment

Median Household Income
$144,259
93% above avg
Per Capita Income
$78,121
Unemployment Rate
5.8%
22% above avg
Poverty Rate
5.1%
Labor Force Participation
68.3%

🎓 Education

Bachelor's degree+ 37.5%
Graduate degree 28.4%

👥 Demographics

Median Age 47.3
Male median age 46.8
Female median age 47.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
66.6%
Good air days/yr
105
Max AQI recorded
204
PM2.5 days
160
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
11.6:1
Student-teacher ratio
4
Public schools
2,262
Total enrollment

Frequently Asked Questions

What is the cost of living in Newburyport, MA?

Newburyport has a cost index of 202 (100 = national average). It is 102% above the national average.

What is average rent in Newburyport, MA?

The median gross rent in Newburyport is $1,511 per month based on 2023 Census data.

What is the average home price in Newburyport?

The median home value in Newburyport is $792,400 according to Zillow and Census data.

What is the median income in Newburyport?

The median household income in Newburyport is $144,259 per year (2023 ACS 5-year estimates).

What is the sales tax in Newburyport, MA?

The combined state and local sales tax rate in Newburyport is 6.3%. The Massachusetts state income tax top rate is 9.0%.

Is Newburyport, MA affordable?

Newburyport is above average in cost of living, with an index of 202 — about 102% higher than the national average.

Newburyport at a Glance

Population
18,444
Median Income
$144,259
Home Value
$792,400
Median Rent
$1,511/mo
Unemployment
5.8%
Sales Tax
6.3%
View all cities in Massachusetts →
🗺️ County data for Massachusetts

Explore county-level cost of living data

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