Are you looking to make Newburyport your home but worried about the costs? Despite its coastal location and historic downtown, this charming city can be affordable if you know where to look. From free attractions and activities to scoring great deals on homes for sale in Newburyport, discover insider tips on enjoying this seaside paradise without breaking the bank. How can you utilize all Newburyport offers while sticking to a budget? Follow these tips to stretch your dollar further in pricy Newburyport:

Search outside the most popular areas

Newburyport’s most coveted and expensive neighborhoods cluster around the historic downtown and waterfront. Expand your search west and north to areas like the North End and Woodsville to find more affordable options. Home prices are more reasonable the further you go from the downtown action. You’ll likely need a car to get around, but the trade-off in home pricing can be worthwhile.

Consider fixer-uppers

Newburyport has plenty of move-in ready, renovated homes with elevated price tags. If you are okay with taking on a home improvement project, seek out fixer-uppers needing some TLC. Consider things like outdated kitchens or bathrooms you could remodel over time. 

Explore alternatives to single-family homes

The most budget-friendly options in Newburyport are condos, multi-family homes, or carriage houses rather than single-family homes. Reduced square footage of standalone homes can lower costs while maintaining community involvement, with condos available in Newburyport’s downtown.

Make compromises on location

If living in downtown Newburyport isn’t possible, expand your search to budget-friendly neighboring towns near the action. Areas like Amesbury and Salisbury can provide more affordable living within a minute’s drive from Newburyport. You’ll have access to beaches, historic charm, and sea breezes without the highest housing costs.

Cost of living in Newburyport

Newburyport is a small coastal city north of Boston known for its arts community. However, its desirable location comes at a price. The housing costs are high, with the median home value around $600,000. Property taxes also run on the high side. The cost of groceries, utilities, and other necessities is also above the national average. Newburyport’s high cost of living means residents pay a premium to enjoy this historic New England town. Life in Newburyport requires a higher-than-average income than in other parts of the country.

Newburyport real estate

The Newburyport real estate market reflects the charming and desirable nature of the area. Waterfront property sells for even higher premiums. Popular housing stock includes restored colonial and Victorian homes along tree-lined streets or overlooking the Merrimack River. Newburyport’s real estate is in high demand for its seaside location and walkable downtown.

Lifestyle in Newburyport

Newburyport is a scenic city with a relaxed pace of life. Its picturesque downtown area has boutiques, galleries, restaurants, and cafes. Many professionals live in restored historic homes and walk or bike along the brick sidewalks and trails. There is a thriving arts scene and community events happening year-round. The summer months bring tourists who enjoy strolling along the harbor and out to Plum Island’s famous sandy beaches. Newburyport offers residents and visitors access to natural beauty, with enough amenities for an enjoyable lifestyle.