Cost of Living in Newburyport

Newburyport's cost of living centers on a real, genuinely high housing-cost burden offset by an equally real, genuinely high median household income and a property tax rate that runs below Massachusetts's statewide average.

Exploring the idea of moving?

We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.

Learn more

A genuinely high income base

Newburyport's median household income is cited at $139,625 -- approximately 25.8% above Massachusetts's own statewide median household income of approximately $104,828, per this pass's sourcing. 63% of Newburyport adults hold a bachelor's degree or higher, versus 31% nationwide, with a 94.9% employment rate.

Real, substantial housing costs

Zillow's average home value ran approximately $945,413 as of May 2026 (up 3.4% year-over-year); separately-cited 2025-2026 figures put the median single-family sale price at $1,100,000 and the median list price at $1.39 million -- a real, disclosed spread this record does not resolve to one number.

A property tax rate below the state average

Newburyport's FY2026 property tax rate ran $9.26 per $1,000 of assessed value (down from FY2025's $9.58), genuinely below Massachusetts's statewide average effective rate of 1.00%-1.17% -- consistent with the state's own documented pattern of low rates in high-value coastal towns.

Massachusetts's statewide flat income tax and uniform sales tax apply

Massachusetts's real flat 5% state income tax (with the 4% surtax above $1,107,750 of taxable income) and uniform 6.25% sales tax with no local add-on apply in Newburyport as everywhere else in the state.

Key takeaways

Want to know what your budget actually buys here?

Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.

Get local guidance

Read the full Newburyport overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.

Planning a move?

Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.

Talk to a local expert
Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.