Newburyport, MA

Very High · 170

Massachusetts · Population 18,444 · Updated March 2026

$1,511
Median Rent / Month
$144,259
Median Income
$792,400
Median Home Value
$2,233
Owner Costs / Month

Affordability

How far your income goes in Newburyport

12.6%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Massachusetts

State-level tax rates that affect your costs

9.0%
Income Tax (Top Rate)
6.25%
Sales Tax
1.15%
Property Tax Rate

Estimated Annual Costs

$18,132
Annual Rent
$12,983
State Income Tax
$9,113
Property Tax (est.)

Cost of Living Overview

Newburyport has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 170 (where 100 equals the national median), Newburyport residents can expect to pay median rent of $1,511/month while earning a median household income of $144,259/year.

The median home value in Newburyport, MA is $792,400, with typical monthly owner costs around $2,233 including mortgage, insurance, and taxes. The median rent-to-income ratio of 12.6% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Massachusetts's top income tax rate of 9.0% is among the highest in the nation, adding to the overall cost burden. Combined with a 6.25% sales tax rate and 1.15% effective property tax rate, the overall tax environment is a factor in the total cost of living in Newburyport.

Frequently Asked Questions

Common questions about living costs in Newburyport

What is the cost of living in Newburyport, MA?
The cost of living index in Newburyport, MA is 170 (US average = 100). Median monthly rent is $1,511, median household income is $144,259/year, and the median home value is $792,400.
Is Newburyport, MA affordable?
No, Newburyport is more expensive than the national average with a cost index of 170. The rent-to-income ratio is 12.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Newburyport, MA?
The median gross rent in Newburyport, MA is $1,511 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $18,132.
What is the median household income in Newburyport?
The median household income in Newburyport, MA is $144,259 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Massachusetts?
Massachusetts has a top income tax rate of 9.0%, a sales tax of 6.25%, and an effective property tax rate of 1.15%.