Newport News, VA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 102, 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 #58 cheapest in Virginia out of 186.

  • Newport News ranks as the #3,380 cheapest out of 6,412 in the US.

  • The median home value in Newport News is $204,900.

  • The median income in Newport News is $57,463.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
102
Newport News's Overall Cost Of Living
1.0x
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 102, which is 1.0x higher than the national index of 100.

Compared to Virginia, Newport News has a cost of living index that's 1.0x lower than Virginia's index of 102.

The standard of living in Newport News ranks as #58 most affordable out of the 186 places we measured in Virginia. By definition, that implies Newport News ranks as the #128 most expensive place in the Old Dominion.

For more reading on life in Newport News, check out:

58 out of 186
In Virginia
3,380 out of 6,412
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 104.

  • The Groceries index in Newport News is 93.

  • The Health index in Newport News is 107.

  • The Housing index in Newport News is 101.

  • The Transportation index in Newport News is 93.

  • The Utilities index in Newport News is 102.

Living Expense Newport News Virginia National Average
Overall 102 102 100
Services 104 102 100
Groceries 93 98 100
Health 107 102 100
Housing 101 107 100
Transportation 93 95 100
Utilities 102 102 100
For more reading on cost of living around Virginia, check out:
Newport News Cost of Living Vs. VA

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 2017-2021. The key points are:

  • The Median Home Value in Newport News is $204,900.

  • The Median Rent in Newport News is $1,118.

  • The Median Income in Newport News is $57,463.

  • The Home Value To Income in Newport News is 3.6x.

  • The Rent To Monthly Income in Newport News is 0.23x.

Statistic Newport News Virginia United States
Median Home Value $204,900 $295,500 $244,900
Median Rent $1,118 $1,326 $1,163
Median Income $57,463 $80,615 $69,021
Home Value To Income 3.6x 3.7x 3.5x
Rent To Monthly Income 0.23x 0.2x 0.2x
Search Homes For Sale In Newport News, VA
$204,900
Median Home Value
$1,118
Median Rent
$57,463
Median Income

Newport News, VA Costs By Category

Detailed Newport News Services Costs Vs. Virginia

Item Newport News Virginia
Shampoo $0.97 $1.06
Movie $11.73 $10.68
Bowling $18.0 $14.67
Haircut $21.36 $18.62
Beauty Salon $44.43 $39.05

Detailed Newport News Groceries Costs Vs. Virginia

Item Newport News Virginia
Ground Beef $3.61 $4.22
Fried Chicken $1.05 $1.39
Milk $1.58 $2.05
Potatoes $3.16 $3.29
Pizza $10.13 $10.62
Beer $9.82 $9.38
Toothpaste $1.85 $2.34

Detailed Newport News Health Costs Vs. Virginia

Item Newport News Virginia
Optometrist $116.2 $108.57
Doctor $139.74 $116.17
Dentist $99.4 $99.13

Detailed Newport News Transportation Costs Vs. Virginia

Item Newport News Virginia
Gasoline $2.01 $2.22
Tire Balancing $46.7 $50.07

Detailed Newport News Utilities Costs Vs. Virginia

Item Newport News Virginia
All Electricity $176.41 $167.67
Phone $177.97 $175.64

Newport News SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
8
Affordability
5
Diversity
9.5
Safety
5
Amenities
9
Education
8
Commute
8

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 107, 1.0x Newport News.

  • Hampton, VA has a cost of living index of 99, 1.0x Newport News.

  • Portsmouth, VA has a cost of living index of 104, 1.0x Newport News.

City Population Cost Of Living Vs. Newport News
Norfolk, VA 238,556 107 1.0x
Hampton, VA 136,748 99 1.0x
Portsmouth, VA 97,454 104 1.0x
Poquoson, VA 12,382 113 1.1x
Gloucester Point, VA 11,313 105 1.0x
Smithfield, VA 8,513 111 1.1x
Carrollton, VA 7,171 114 1.1x

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