Measured against area pay, Newburgh costs more to live in than 70% of U.S. towns
Up 3.1% in a year, 20% below the Maine typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Bangor, ME metro area ($66K). How TownRatings grades cost of living
The grade compares costs with what households across the Bangor metro earn ($66K, Census 2020–24). Even so, the typical home costs 3.7 years of metro income, and 43% of renters pay 30% or more of income for housing.
In dollars
- $332Ktypical home, 20% below the Maine typical homeZillow, September 2026
- $1,570a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 97prices across the Bangor metro, where the U.S. is 100 (housing 78)BEA Regional Price Parities, 2024
In paychecks the grade
- 3.7 yrsof area income buys the typical home; the typical U.S. town: 3.3$66K, Bangor-area income
- 17%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 33%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out about housing in Newburgh
What’s behind Newburgh’s grade
Measured against what households in the area earn, Newburgh is more affordable than 30% of U.S. towns. The share of households paying 30%+ for housing pulls the grade down most; rent holds it up.
Prices here have kept pace with Maine: up 26.9% in five years, against 26.8% statewide (Zillow).
Up 3.1% in a year
Faster than Maine (1.6%).
Show as a table
| January | Newburgh | Maine |
|---|---|---|
| 2017 | $162,000 | $205,000 |
| 2018 | $166,000 | $219,000 |
| 2019 | $181,000 | $232,000 |
| 2020 | $188,000 | $244,000 |
| 2021 | $224,000 | $285,000 |
| 2022 | $269,000 | $333,000 |
| 2023 | $285,000 | $364,000 |
| 2024 | $305,000 | $395,000 |
| 2025 | $320,000 | $408,000 |
| 2026 | $327,000 | $409,000 |
| September 2026 | $332,000 | $412,000 |
A typical Newburgh home worth $160K in October 2016 is worth about $332K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A typical home costs 3.7 years of area income
The calculator starts from the area income the grade uses. Switch to Newburgh’s own median, or type yours.
That’s $82K short of a typical Newburgh home.
A two-bedroom rents for about $1,570 a month here, $480 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Newburgh’s typical property tax (1.12% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,570
Renters already here pay a median of $950, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Bangor, ME HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
8 new homes permitted in 2025
Builders were permitted 8 new homes in Newburgh in 2025: 2 single-family houses and 6 in buildings with two or more homes, worth about $1.2 million to build. That's 5.4 per 1,000 residents, about the pace of Maine as a whole. Over the past 10 years, Newburgh has permitted 87 homes in all.
Between the 2010 and 2020 censuses, Newburgh gained 44 residents while 29 new homes were permitted: about 1.5 new residents per new home, more than across Maine (0.9): growth outpaced building.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 9 | 9 | 0 | $2.8 million |
| 2025 | 8 | 2 | 6 | $1.2 million |
| 2024 | 8 | 3 | 5 | $1.6 million |
| 2023 | 18 | 18 | 0 | $3.1 million |
| 2022 | 14 | 14 | 0 | $2.4 million |
| 2021 | 8 | 8 | 0 | $1.2 million |
| 2020 | 12 | 4 | 8 | $980,000 |
| 2019 | 7 | 7 | 0 | $950,000 |
| 2018 | 12 | 4 | 8 | $891,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 3 | 3 | 0 | $520,000 |
| 2014 | 1 | 1 | 0 | $211,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 2 | 2 | 0 | $350,000 |
| 2011 | 2 | 2 | 0 | $160,000 |
| 2010 | 2 | 2 | 0 | $160,000 |
| 2009 | 3 | 3 | 0 | $325,000 |
| 2008 | 8 | 8 | 0 | $1.4 million |
| 2007 | 7 | 7 | 0 | $855,000 |
| 2006 | 7 | 7 | 0 | $591,000 |
| 2005 | 13 | 13 | 0 | $1.7 million |
| 2004 | 14 | 12 | 2 | $1.7 million |
| 2003 | 15 | 15 | 0 | $1.2 million |
| 2002 | 15 | 13 | 2 | $1.2 million |
| 2001 | 6 | 6 | 0 | $535,000 |
| 2000 | 4 | 4 | 0 | $419,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Low tax bills, but a high tax rate
The median bill is $2,748, under the Maine median of $3,036, because homes cost less. As a share of value it’s 1.12% a year, against 1.02% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Newburgh
Only figures published free for the whole country, each labeled with the area it covers: the Bangor, ME metro area, or Maine. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 97 | ME 97 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 97 | ME 97 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 135 | ME 135 | metro | BEA, 2024 |
| Other services U.S. = 100 | 103 | ME 103 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Newburgh vs. its neighbors
Of the 4 towns here with a Zillow value, Newburgh has the 3rd-lowest.
Questions about the cost of living in Newburgh
Is Newburgh expensive to live in?
Measured against what households in the area earn, Newburgh costs more than 70% of U.S. towns: a C for cost of living. The typical home costs 3.7 years of the median household income of the Bangor, ME metro area ($66K).
How much does a house cost in Newburgh?
About $332K, Zillow’s typical value for September 2026, up 3.1% in a year. The Maine typical home is $412K.
What salary do you need to live in Newburgh?
To buy the typical home with 20% down at 6.3%, about $88,000 a year, keeping the payment (about $2,050 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $63,000.
How much is rent in Newburgh?
HUD puts a two-bedroom at about $1,570 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $950 (Census 2020–24).
What are property taxes in Newburgh?
The median bill is $2,748 a year, 1.12% of the median home value (Maine: $3,036, 1.02%), from the Census 2020–24.
Are home prices in Newburgh going up?
Yes: up 3.1% in the past year and 26.9% in five years, against 26.8% across Maine (Zillow).
Neighbors talk housing
What Newburgh buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.