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New Port Richey, FL

High Pressure

The cost of living in New Port Richey, FL is 1% above the national average (Cost Index: 101). Homes here are typically valued around $288,331, compared to the $303,400 national median. The median household income is $46,160 — overall, living costs and earnings are reasonably balanced in this area.

New Port Richey already reads as a high-pressure housing market, with 47% rent burden, 6.2x home-price-to-income, and a housing index of 95. Treat this page as a stress test for rent, mortgage, and tax burden before assuming the move works.Data Sources: U.S. Census Bureau ACS 2023 · BEA RPP 2023 · Zillow ZHVI

Data Updated: March 2026
Housing Feasibility Verdict
No-Go

Based on your household income, housing mode, local rent, home value, property tax, and mortgage assumptions for New Port Richey.

Monthly Housing
$1,765/mo
Lower of rent or buy scenario
Housing Burden
46%
High pressure
Residual Cash
$1,582/mo
After housing and debt · $527/person
Rent vs Buy
Compare ownership
Main pressure: home prices
Assumptions
Housing Mode
Confidence: HighHome source: ZILLOWRent source: ZILLOWBEA proxy: msaHousehold size: 3Down payment: 20%Fixed burden: 59%
Uses a URL fragment, so it does not create a separate indexed page.
Cost Index
101
Average
Based on housing costs · See methodology
Median Home Value
$288,331
Zillow ZHVI Market Rate • Census ACS: $164,600
National: $303,400
Median Rent
$1,800/mo
Zillow ZORI Market Rate • Census ACS: $1,154/mo
National: $1,348/mo
Household Income
$46,160
National: $78,538
Population
17,057
Purchasing Power
58
100 = national baseline

Cost of Living Breakdown

Each index uses 100 as the US national average. A score of 150 means 50% more expensive; 80 means 20% cheaper.

Housing Cost Index
95 / 100
Close to average
Rent Index
134 / 100
34% above average
Goods & Groceries
95 / 100
About the same as most US cities
Utilities
89 / 100
11% lower utility bills
Healthcare & Services
98 / 100
In line with national average
Overall Index
101
Average

New Port Richey Mortgage Calculator

Pre-filled with the local median home value of $288,331 and Florida's property tax rate of 0.86%.

Household Housing Budget

Local median household income is shown only as a place-side affordability input. Personal salary, filing status, and take-home pay analysis belong in salary.city.

Local Household Income
$46,160
Census ACS place context
Rent Burden Estimate
47%
Typical annual rent / local household income
Home Price to Income
6.2x
Typical home value / local household income
Use this section to judge whether New Port Richey looks structurally manageable for a household budget. For a specific job offer, filing status, payroll taxes, or salary equivalence across cities, run the income-side decision in salary.city.

Property Tax in New Port Richey, FL

Est. Annual Property Tax
$2,480
Monthly Impact
$207
Added to your mortgage
Effective Rate
0.86%
National avg: ~1.00%

Florida Place Tax Context

Tax TypeFloridaNational Avg
Property Tax Rate0.86%1.00%
Top Income Tax RateNo State Income Tax~5.0%
State Sales Tax7.01%~5.0%

Compare New Port Richey to Another City

Compare place-side costs such as housing, rent, groceries, utilities, services, and tax context.

Cost of Living Comparison

Compare place-side housing, rent, goods, services, and utility pressure between cities.

New Port Richey, FL
101
134
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
New Port Richey, FL: 95
Rent Prices
134

FAQ: Living in New Port Richey

What is the cost of living like in New Port Richey, FL?+

Living costs in New Port Richey land close to the national average, with a Cost Index of 101 (where 100 = the US baseline). Housing is the largest variable: the median home value here is $288,331, and typical monthly rents run around $1,800. Groceries and utilities are slightly below what you would find in most US cities.

How does New Port Richey fit a household housing budget?+

Start with housing. Typical monthly rent is $1,800, while local median household income is $46,160. That implies a rent-burden proxy of about 47% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

How much are taxes in New Port Richey, FL?+

Florida is one of the few states with no state income tax, which can save residents thousands of dollars per year. The effective property tax rate is 0.86%. On a home worth $288,331, that translates to roughly $2,480 per year in property taxes. Sales tax (state + local) averages around 7.01% on everyday purchases.

How much does it cost to rent in New Port Richey, FL?+

The typical monthly rent in New Port Richey is around $1,800. That's about 34% higher than the $1,348 national median. For comparison, the median home value here is $288,331, so buyers should also factor in mortgage payments, property taxes, and insurance.

How much does a house cost in New Port Richey, FL?+

The median home in New Port Richey is valued at $288,331. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $1,458/month for principal and interest alone — before property taxes and insurance. About 58% of residents here own their homes.

Are groceries and utilities expensive in New Port Richey?+

Grocery prices in New Port Richey are about average compared to the rest of the US (index: 95, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 89). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

What is New Port Richey, FL like to live in?+

New Port Richey is a small town with a population of about 17,057. The median age of residents is 53.5, skewing somewhat older — common in established suburban communities. The local poverty rate is 12.74%, near the national average of 12.4%.

Lower-Pressure Alternatives in Florida

If New Port Richey feels tight, start with these same-state cities that look easier on rent burden or buy-side pressure.

Higher-Pressure Comparisons in Florida

Use these city pages when you want to compare New Port Richey against tougher same-state markets before deciding whether the current city is already a stretch.

LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
Data Sources & Methodology
  • Real Estate & Housing: Zillow Home Value Index (ZHVI, Smoothed & Seasonally Adjusted) and Zillow Observed Rent Index (ZORI). Structural fallback utilizes U.S. Census Bureau ACS 5-Year Estimates.
  • Goods, Utilities & Services: U.S. Bureau of Economic Analysis (BEA) Metropolitan Area Regional Price Parities (MARPP), incorporating verified State Nonmetropolitan averages.
  • Mortgage Rates: Freddie Mac 30-Year Fixed Rate Mortgage Average in the United States (PMMS) via Federal Reserve Economic Data (FRED).
  • Tax Context: State-level property, sales, and income-tax context used for place-side relocation planning. Personal take-home pay and offer analysis are handled by salary.city.
  • Index Methodology: Weighting matrix derived from Bureau of Labor Statistics (BLS) Consumer Expenditure Surveys (CEX) distributional models. Baseline standardized at 100. (Read methodology details)
Last data update: March 2026 · Mortgage rates updated monthly