New Port Richey, FL Cost Of Living
Cost Of Living In New Port Richey, FL Summary
Cost of living in New Port Richey research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means New Port Richey is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in New Port Richey is 87, with 100 being the average.
The cost of living index in New Port Richey is 0.9x lower than the national average.
New Port Richey ranks as the #21 cheapest in Florida out of 459.
New Port Richey ranks as the #777 cheapest out of 6,489 in the US.
The median home value in New Port Richey is $289,627.
The median income in New Port Richey is $46,160.
Table Of Contents
New Port Richey's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in New Port Richey, FL?
According to the most recent data on the cost of living, New Port Richey has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Florida, New Port Richey has a cost of living index that's 0.9x lower than Florida's index of 97.
The standard of living in New Port Richey ranks as #21 most affordable out of the 459 places we measured in Florida. By definition, that implies New Port Richey ranks as the #438 most expensive place in the Sunshine State.
For more reading on life in New Port Richey, check out:
In Florida
In America
New Port Richey Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in New Port Richey. Here is how it fairs on each of the criteria:
The Services index in New Port Richey is 94.
The Groceries index in New Port Richey is 99.
The Health index in New Port Richey is 92.
The Housing index in New Port Richey is 64.
The Transportation index in New Port Richey is 98.
The Utilities index in New Port Richey is 98.
| Living Expense | New Port Richey | Florida | National Average | |
|---|---|---|---|---|
| Overall | 87 | 97 | 100 | |
| Services | 94 | 96 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 92 | 98 | 100 | |
| Housing | 64 | 96 | 100 | |
| Transportation | 98 | 97 | 100 | |
| Utilities | 98 | 95 | 100 | |
New Port Richey, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in New Port Richey is $289,627.
The Median Rent in New Port Richey is $1,154.
The Median Income in New Port Richey is $46,160.
The Home Value To Income in New Port Richey is 6.3x.
The Rent To Monthly Income in New Port Richey is 0.3x.
| Statistic | New Port Richey | Florida | United States |
|---|---|---|---|
| Median Home Value | $289,627 | $377,066 | $303,400 |
| Median Rent | $1,154 | $1,564 | $1,348 |
| Median Income | $46,160 | $71,711 | $78,538 |
| Home Value To Income | 6.3x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.3x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
New Port Richey, FL Costs By Category
Detailed New Port Richey Services Costs Vs. Florida
| Item | New Port Richey | Florida |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $8.61 | $12.13 |
| Bowling | $19.67 | $18 |
| Haircut | $15.67 | $24.26 |
| Beauty Salon | $54.72 | $45.56 |
Detailed New Port Richey Groceries Costs Vs. Florida
| Item | New Port Richey | Florida |
|---|---|---|
| Ground Beef | $6.06 | $5.84 |
| Fried Chicken | $1.48 | $1.57 |
| Milk | $4.56 | $4.67 |
| Potatoes | $5.34 | $4.93 |
| Pizza | $8.38 | $12.09 |
| Beer | $10.69 | $10.41 |
| Toothpaste | $3.67 | $3.7 |
Detailed New Port Richey Health Costs Vs. Florida
| Item | New Port Richey | Florida |
|---|---|---|
| Optometrist | $146.67 | $125.68 |
| Doctor | $122.32 | $135.78 |
| Dentist | $103.33 | $113.29 |
Detailed New Port Richey Transportation Costs Vs. Florida
| Item | New Port Richey | Florida |
|---|---|---|
| Gasoline | $3.42 | $3.46 |
| Tire Balancing | $57.28 | $59.92 |
Detailed New Port Richey Utilities Costs Vs. Florida
| Item | New Port Richey | Florida |
|---|---|---|
| All Electricity | $219.66 | $193.99 |
| Phone | $194.37 | $192.25 |
New Port Richey SnackAbility
/10
Cost Of Living In Cities Around New Port Richey
The cost of living varies in the cities and towns around New Port Richey. Here's a quick look at the cost of living in the most populous nearby places:
Palm Harbor, FL has a cost of living index of 109, 1.3x New Port Richey.
Carrollwood, FL has a cost of living index of 110, 1.3x New Port Richey.
Citrus Park, FL has a cost of living index of 113, 1.3x New Port Richey.
| City | Population | Cost Of Living | Vs. New Port Richey |
|---|---|---|---|
| Palm Harbor, FL | 61,454 | 109 | 1.3x |
| Carrollwood, FL | 35,645 | 110 | 1.3x |
| Citrus Park, FL | 28,163 | 113 | 1.3x |
| Lutz, FL | 26,731 | 119 | 1.4x |
| Keystone, FL | 26,723 | 131 | 1.5x |
| Northdale, FL | 25,420 | 113 | 1.3x |
| Westchase, FL | 24,818 | 123 | 1.4x |
| Bayonet Point, FL | 23,787 | 86 | 1.0x |
| Jasmine Estates, FL | 23,151 | 91 | 1.0x |
| Holiday, FL | 21,768 | 89 | 1.0x |
