Cost of Living in New Port Richey
New Port Richey is one of the more affordable places to live in the Tampa Bay area, running close to the national average overall, with housing the one category that pulls the number down rather than up.
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Learn moreNear the national average, driven down by cheap housing
Salary.com puts New Port Richey's cost-of-living index at 87 (100 = national average), with a monthly cost of $2,608 for a single person and $5,742 for a family of four. The housing sub-index is the standout at just 64 (well below average), while groceries (99), transportation (98), and health (92) all track close to the national norm.
How it compares to nearby Pinellas County
New Port Richey's cost of living runs noticeably lower than beach-adjacent Pinellas County cities like Dunedin (cost-of-living index around 105-121 by comparable measures), primarily because its median home sale price of about $240,000 is the most affordable in the wider Tampa Bay satellite-city batch researched for this site (Redfin, trailing three months ending 2026-05).
No state income tax offsets Florida’s other costs
Florida levies no state personal income tax, which meaningfully benefits salaried and retirement-income households relocating from a state that does. See the taxes-insurance topic for the property tax and insurance side of the cost picture, which is where New Port Richey's Gulf-adjacent location adds real cost that a pure cost-of-living index doesn't fully capture.
Key takeaways
- Salary.com's cost-of-living index for New Port Richey is 87 (national average = 100) -- monthly costs of about $2,608 (single) and $5,742 (family of four).
- Housing is the category pulling the index down: a sub-index of 64, versus 92-99 for health, transportation, and groceries.
- New Port Richey runs cheaper than beach-adjacent Pinellas cities like Dunedin, largely on the strength of its lower home prices.
- Florida's lack of a state income tax is a real offset against the insurance and property-tax costs covered in the taxes-insurance topic.
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