States › Florida › New Port Richey

Is New Port Richey, FL expensive to live in?

ExpensiveRent takes 31 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,33024% lower than U.S. average
💵 Families earn per year (2026)$51,343about $4,279/month · 41% lower than U.S. average
🔑 House price$183,10045% lower than U.S. average

Rent is lower than in 67% of U.S. cities. A typical house costs about 3.6 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $53,200 a year. That is $26 an hour at a full-time job.

Is rent cheaper than other Florida cities?

Yes. Rent here is cheaper than in most of Florida. It is number 53 of 479 cities from cheapest to most expensive.

New Port Richey
$1,330
South Venice
$2,077
Mount Dora
$1,951
Wildwood
$2,322
Upper Grand Lagoon
$2,323
Lake Butler
$2,845
Vero Beach
$1,476

How much do households earn in New Port Richey?

Under $25k
20.2%
$25k–50k
35.1%
$50k–100k
28.5%
$100k–150k
8.5%
$150k+
3.3%

Share of households by yearly income. 11.7% of households earn $100,000 or more.

Rent by apartment size in New Port Richey

SizeNew Port RicheyU.S. average
Studio$1,325$1,338
1 bedroom$1,118$1,324
2 bedrooms$1,224$1,509
3 bedrooms$1,887$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is New Port Richey overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for New Port Richey, so the Florida figure is shown.

Taxes and bills in New Port Richey

🏛️ Property tax$1,308a year · 0.71% of home value · U.S. $3,119
⚡ Electric bill$168a month (typical) · U.S. $156

Life in New Port Richey

Commute to work27.8 minU.S.: 26.4 min
College degree16.2%U.S.: 35.7%
Own their home56.9%U.S.: 65.2%
Below poverty line10.5%U.S.: 12.5%
Unemployment3%U.S.: 5.2%

Is it cheaper to rent or buy in New Port Richey?

Buying is cheaper month to month: about $60 a month less than renting.

Renting
$1,330
Owning
$1,270

Owning assumes a typical $183,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,310 for the down payment.

Frequently asked questions

What is the average rent in New Port Richey, FL?

Renting in New Port Richey costs a median of about $1,330 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in New Port Richey?

To keep rent under 30% of income, you need about $53,200 a year, or $26 an hour at a full-time job.

Is New Port Richey cheap or expensive?

New Port Richey is rated Expensive: rent takes 31.1% of the typical household income of $51,343. It ranks 53rd cheapest of 479 Florida cities we track.

How much are property taxes in New Port Richey?

The median homeowner in New Port Richey pays $1,308 a year in property taxes, about 0.71% of the median home value.

Is New Port Richey more expensive than the national average?

Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in New Port Richey?

The median home value in New Port Richey is $183,100, about 3.6 times the typical yearly household income.

17,425 people live in New Port Richey. Numbers are typical (middle) values.