Newburyport cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index144130100
Goods & Services index117111100
Groceries index103113100
Health care index116111100
Housing index209167100
Transportation index106117100
Utilities index137126100
An overview of the general cost of living index for Newburyport, MA is displayed above for your reference. Residents in Newburyport, MA enjoy a cost of living index of 144. This index is 10% higher than the Massachusetts average, and 44% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Newburyport, MA, the average cost of goods and services is 6% higher than it is in Massachusetts, and it is 17% higher than the national average.

Did you know?

  • The cost of living in Newburyport is 10% higher than the Massachusetts average.
  • The cost of living in Newburyport is 44% higher than the national average.
  • The cost of housing in Newburyport is 109% higher than the national average.
  • Massachusetts general sales tax is 23% higher than the national average.
  • Massachusetts state income tax is 132% higher than the national average.

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Compare Newburyport, MA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Newburyport, MA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Newburyport, MA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Newburyport, MA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
The affordability of the housing market in Newburyport, MA as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Newburyport, MA homeowners, the median income is $109,195. This indicates that a monthly maximum of $2,548 should be spent by homeowners on all housing related costs. Renters have a median income of $42,350. This indicates that renters should have a maximum of $988 used for their rent related monthly costs.

Massachusetts Sales Tax

StateGeneral Sales TaxWith Max Surtax

Massachusetts Income Tax

StateIncome Tax (Low)Income Tax (High)
When you are determining the total cost of living in Newburyport, MA you will want to make sure you consider both the Massachusetts sales tax and the Massachusetts income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Massachusetts is 6.25%, with the highest surtax being 6.25%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Massachusetts have a range from 5.15% to 5.15%.

Goods & Services

ItemNewburyportNational avg.Difference
Haircut $16.88$14.5915.7%
Beauty Salon $41.47$34.6819.6%
Toothpaste $2.32$2.476.2%
Shampoo $1.00$1.022.2%
Movie $10.20$9.873.4%
Bowling $4.62$4.395.2%


ItemNewburyportNational avg.Difference
Ground Beef $3.76$4.4816.0%
Fried Chicken $1.56$1.466.6%
Milk $2.21$2.366.2%
Potatoes $2.98$3.062.7%
Pizza $8.68$9.246.1%
Beer $9.07$8.635.1%

Health Care

ItemNewburyportNational avg.Difference
Optometrist $100.39$99.780.6%
Doctor $149.18$105.0342.0%
Dentist $104.81$88.7018.2%
Ibuprofen $9.68$9.412.8%
Lipitor $277.44$298.507.1%


ItemNewburyportNational avg.Difference
Home Price $435,100.00$175,700.00147.6%
Avg. Mortgage Payment $1,260.97$1,081.0316.6%
Apartment Rent $1,089.00$920.0018.4%


ItemNewburyportNational avg.Difference
Gasoline $2.28$2.099.0%
Tire Balancing $44.74$45.291.2%


ItemNewburyportNational avg.Difference
All Electricity$243.35$170.8042.5%
Phone $36.25$28.2628.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Lawrence, MA77,36412323%
Exeter, NH9,30312020%
Haverhill, MA61,76912222%
Methuen Town, MA48,15912424%
Amesbury Town, MA16,55412828%
Newburyport, MA17,66214444%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Westbrook, ME17,66211111%
San Carlos Park, FL17,64695-5%
Arcata, CA17,67913030%
Idylwood, VA17,64314545%
St. Matthews, KY17,6861011%
Newburyport, MA17,66214444%
Source: The Newburyport, MA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.