Newport News, VA Cost Of Living
Cost Of Living In Newport News, VA Summary
Cost of living in Newport News research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Newport News is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Virginia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Newport News is 104, with 100 being the average.
The cost of living index in Newport News is 1.0x higher than the national average.
Newport News ranks as the #47 cheapest in Virginia out of 190.
Newport News ranks as the #3,063 cheapest out of 6,489 in the US.
The median home value in Newport News is $285,530.
The median income in Newport News is $66,718.
Table Of Contents
Newport News's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Newport News, VA?
According to the most recent data on the cost of living, Newport News has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Virginia, Newport News has a cost of living index that's 0.9x lower than Virginia's index of 110.
The standard of living in Newport News ranks as #47 most affordable out of the 190 places we measured in Virginia. By definition, that implies Newport News ranks as the #143 most expensive place in the Old Dominion.
For more reading on life in Newport News, check out:
In Virginia
In America
Newport News Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Newport News. Here is how it fairs on each of the criteria:
The Services index in Newport News is 101.
The Groceries index in Newport News is 100.
The Health index in Newport News is 96.
The Housing index in Newport News is 110.
The Transportation index in Newport News is 98.
The Utilities index in Newport News is 105.
| Living Expense | Newport News | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 104 | 110 | 100 | |
| Services | 101 | 101 | 100 | |
| Groceries | 100 | 99 | 100 | |
| Health | 96 | 98 | 100 | |
| Housing | 110 | 130 | 100 | |
| Transportation | 98 | 94 | 100 | |
| Utilities | 105 | 104 | 100 | |
Newport News, VA Housing Cost Breakdown
Housing swings affordability the most between places in Virginia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Newport News is $285,530.
The Median Rent in Newport News is $1,285.
The Median Income in Newport News is $66,718.
The Home Value To Income in Newport News is 4.3x.
The Rent To Monthly Income in Newport News is 0.23x.
| Statistic | Newport News | Virginia | United States |
|---|---|---|---|
| Median Home Value | $285,530 | $404,962 | $303,400 |
| Median Rent | $1,285 | $1,514 | $1,348 |
| Median Income | $66,718 | $90,974 | $78,538 |
| Home Value To Income | 4.3x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Newport News, VA Costs By Category
Detailed Newport News Services Costs Vs. Virginia
| Item | Newport News | Virginia |
|---|---|---|
| Shampoo | $1.26 | $1.28 |
| Movie | $13.31 | $12.13 |
| Bowling | $24.17 | $18 |
| Haircut | $20.0 | $24.26 |
| Beauty Salon | $54.17 | $45.56 |
Detailed Newport News Groceries Costs Vs. Virginia
| Item | Newport News | Virginia |
|---|---|---|
| Ground Beef | $5.54 | $5.84 |
| Fried Chicken | $1.44 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $5.27 | $4.93 |
| Pizza | $12.72 | $12.09 |
| Beer | $10.64 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
Detailed Newport News Health Costs Vs. Virginia
| Item | Newport News | Virginia |
|---|---|---|
| Optometrist | $95.44 | $125.68 |
| Doctor | $122.83 | $135.78 |
| Dentist | $109.67 | $113.29 |
Detailed Newport News Transportation Costs Vs. Virginia
| Item | Newport News | Virginia |
|---|---|---|
| Gasoline | $3.27 | $3.46 |
| Tire Balancing | $60.0 | $59.92 |
Detailed Newport News Utilities Costs Vs. Virginia
| Item | Newport News | Virginia |
|---|---|---|
| All Electricity | $227.22 | $193.99 |
| Phone | $185.33 | $192.25 |
Newport News SnackAbility
/10
Cost Of Living In Cities Around Newport News
The cost of living varies in the cities and towns around Newport News. Here's a quick look at the cost of living in the most populous nearby places:
Norfolk, VA has a cost of living index of 103, 1.0x Newport News.
Hampton, VA has a cost of living index of 102, 1.0x Newport News.
Portsmouth, VA has a cost of living index of 103, 1.0x Newport News.
| City | Population | Cost Of Living | Vs. Newport News |
|---|---|---|---|
| Norfolk, VA | 235,037 | 103 | 1.0x |
| Hampton, VA | 137,334 | 102 | 1.0x |
| Portsmouth, VA | 97,299 | 103 | 1.0x |
| Poquoson, VA | 12,556 | 124 | 1.2x |
| Gloucester Point, VA | 11,159 | 108 | 1.0x |
| Smithfield, VA | 8,729 | 115 | 1.1x |
| Carrollton, VA | 7,903 | 123 | 1.2x |
