Newburyport, MA Cost Of Living
Cost Of Living In Newburyport, MA Summary
Cost of living in Newburyport 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 Newburyport is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Massachusetts, 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 Newburyport is 161, with 100 being the average.
The cost of living index in Newburyport is 1.6x higher than the national average.
Newburyport ranks as the #83 cheapest in Massachusetts out of 112.
Newburyport ranks as the #5,919 cheapest out of 6,489 in the US.
The median home value in Newburyport is $916,555.
The median income in Newburyport is $144,259.
Table Of Contents
Newburyport's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Newburyport, MA?
According to the most recent data on the cost of living, Newburyport has an overall cost of living index of 161, which is 1.6x higher than the national index of 100.
Compared to Massachusetts, Newburyport has a cost of living index that's 1.2x higher than Massachusetts's index of 134.
The standard of living in Newburyport ranks as #83 most affordable out of the 112 places we measured in Massachusetts. By definition, that implies Newburyport ranks as the #29 most expensive place in the Bay State.
For more reading on life in Newburyport, check out:
In Massachusetts
In America
Newburyport Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Newburyport. Here is how it fairs on each of the criteria:
The Services index in Newburyport is 121.
The Groceries index in Newburyport is 104.
The Health index in Newburyport is 115.
The Housing index in Newburyport is 273.
The Transportation index in Newburyport is 111.
The Utilities index in Newburyport is 130.
| Living Expense | Newburyport | Massachusetts | National Average | |
|---|---|---|---|---|
| Overall | 161 | 134 | 100 | |
| Services | 121 | 121 | 100 | |
| Groceries | 104 | 106 | 100 | |
| Health | 115 | 112 | 100 | |
| Housing | 273 | 164 | 100 | |
| Transportation | 111 | 120 | 100 | |
| Utilities | 130 | 136 | 100 | |
Newburyport, MA Housing Cost Breakdown
Housing swings affordability the most between places in Massachusetts, 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 Newburyport is $916,555.
The Median Rent in Newburyport is $1,511.
The Median Income in Newburyport is $144,259.
The Home Value To Income in Newburyport is 6.4x.
The Rent To Monthly Income in Newburyport is 0.13x.
| Statistic | Newburyport | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $916,555 | $649,115 | $303,400 |
| Median Rent | $1,511 | $1,687 | $1,348 |
| Median Income | $144,259 | $101,341 | $78,538 |
| Home Value To Income | 6.4x | 6.4x | 3.9x |
| Rent To Monthly Income | 0.13x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Newburyport, MA Costs By Category
Detailed Newburyport Services Costs Vs. Massachusetts
| Item | Newburyport | Massachusetts |
|---|---|---|
| Shampoo | $1.25 | $1.28 |
| Movie | $13.07 | $12.13 |
| Bowling | $25.44 | $18 |
| Haircut | $26.58 | $24.26 |
| Beauty Salon | $67.97 | $45.56 |
Detailed Newburyport Groceries Costs Vs. Massachusetts
| Item | Newburyport | Massachusetts |
|---|---|---|
| Ground Beef | $5.47 | $5.84 |
| Fried Chicken | $1.44 | $1.57 |
| Milk | $4.75 | $4.67 |
| Potatoes | $5.01 | $4.93 |
| Pizza | $11.66 | $12.09 |
| Beer | $9.82 | $10.41 |
| Toothpaste | $3.73 | $3.7 |
Detailed Newburyport Health Costs Vs. Massachusetts
| Item | Newburyport | Massachusetts |
|---|---|---|
| Optometrist | $115.0 | $125.68 |
| Doctor | $164.0 | $135.78 |
| Dentist | $136.17 | $113.29 |
Detailed Newburyport Transportation Costs Vs. Massachusetts
| Item | Newburyport | Massachusetts |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $86.0 | $59.92 |
Detailed Newburyport Utilities Costs Vs. Massachusetts
| Item | Newburyport | Massachusetts |
|---|---|---|
| All Electricity | $294.4 | $193.99 |
| Phone | $186.72 | $192.25 |
Newburyport SnackAbility
/10
Cost Of Living In Cities Around Newburyport
The cost of living varies in the cities and towns around Newburyport. Here's a quick look at the cost of living in the most populous nearby places:
Haverhill, MA has a cost of living index of 131, 0.8x Newburyport.
Peabody, MA has a cost of living index of 146, 0.9x Newburyport.
Beverly, MA has a cost of living index of 149, 0.9x Newburyport.
| City | Population | Cost Of Living | Vs. Newburyport |
|---|---|---|---|
| Haverhill, MA | 67,387 | 131 | 0.8x |
| Peabody, MA | 54,180 | 146 | 0.9x |
| Beverly, MA | 42,408 | 149 | 0.9x |
| Gloucester, MA | 29,862 | 144 | 0.9x |
| Danvers, MA | 27,924 | 148 | 0.9x |
| Portsmouth, NH | 22,332 | 148 | 0.9x |
| Exeter, NH | 10,138 | 122 | 0.8x |
| Hampton, NH | 9,960 | 139 | 0.9x |
| Andover, MA | 9,261 | 159 | 1.0x |
| Salisbury, MA | 5,735 | 138 | 0.9x |
