Coral Gables, FL vs New Port Richey, FL

The cost of living difference between Coral Gables, FL and New Port Richey, FL is dramatic. New Port Richey is 120.7% cheaper than Coral Gables, a gap that translates to thousands of dollars per year in household expenses. Coral Gables has a cost index of 186 while New Port Richey sits at 84, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Coral Gables is $2,121/month compared to $1,154/month in New Port Richey — a 84% difference. Home values follow the same pattern: New Port Richey is more affordable at $164,600 median vs $1,007,500.

Median household income in Coral Gables is $130,803 compared to $46,160 in New Port Richey (+183.4%). While Coral Gables is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Coral Gables spend roughly 19.5% of their income on rent, less than the 30% in New Port Richey.