States › Florida › Newberry

Is Newberry, FL expensive to live in?

OKRent takes 27 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,21026% higher than U.S. average
💵 Families earn per year (2026)$96,582about $8,049/month · 11% higher than U.S. average
🔑 House price$288,10013% lower than U.S. average

Rent is higher than in 77% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 31.3 minutes each way. Most homes (93.4%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $88,400 a year. That is $43 an hour at a full-time job.

Is rent cheaper than other Florida cities?

No. Rent here is more expensive than in most of Florida. It is number 324 of 479 cities from cheapest to most expensive.

Newberry
$2,210
Beacon Square
$1,825
Port LaBelle
$1,034
Quincy
$1,102
Mascotte
$1,485
Inverness
$1,026
Fern Park
$2,118

How much do households earn in Newberry?

Under $25k
11.3%
$25k–50k
20.2%
$50k–100k
42.8%
$100k–150k
17.0%
$150k+
7.7%

Share of households by yearly income. 24.7% of households earn $100,000 or more.

How expensive is Newberry 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 Newberry, so the Florida figure is shown.

Taxes and bills in Newberry

🏛️ Property tax$2,896a year · 1.01% of home value · U.S. $3,119
⚡ Electric bill$213a month (typical) · U.S. $156

Life in Newberry

Commute to work31.3 minU.S.: 26.4 min
College degree38.3%U.S.: 35.7%
Own their home93.4%U.S.: 65.2%
Below poverty line9.8%U.S.: 12.5%
Unemployment2.8%U.S.: 5.2%

Is it cheaper to rent or buy in Newberry?

Buying is cheaper month to month: about $211 a month less than renting.

Renting
$2,210
Owning
$1,999

Owning assumes a typical $288,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,810 for the down payment.

Frequently asked questions

What is the average rent in Newberry, FL?

Renting in Newberry costs a median of about $2,210 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Newberry?

To keep rent under 30% of income, you need about $88,400 a year, or $43 an hour at a full-time job.

Is Newberry cheap or expensive?

Newberry is rated OK: rent takes 27.5% of the typical household income of $96,582. It ranks 324th cheapest of 479 Florida cities we track.

How much are property taxes in Newberry?

The median homeowner in Newberry pays $2,896 a year in property taxes, about 1.01% of the median home value.

Is Newberry 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 Newberry?

The median home value in Newberry is $288,100, about 3.0 times the typical yearly household income.

7,865 people live in Newberry. Numbers are typical (middle) values.