Cost of Living in Newport News, VA

Population 184,774 · Virginia · Data vintage 2023

87
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Newport News's cost indicators track within a reasonable band of national figures, with median household incomes near $66,718 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Cost Overview

Housing 80
Rent 98

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Newport News

The median home value in Newport News is $243,300 — 20% below the national median of $305,000. Median rent runs $1,285/month, 2% lower than the national median of $1,314/month. The median household income of $66,718/year is 11% lower than the US median of $74,580. The local unemployment rate is 5.9%, above the national average of 4.8%. Virginia's top state income tax rate is 5.8% and the combined sales tax is 5.6%. The climate averages highs of 69.5°F and lows of 49.5°F. Overall, Newport News has a cost of living index of 87 versus the US average of 100, meaning it is 13% less expensive.

🏠 Housing

Median Home Value
$243,300
20% below avg
Zillow Home Value
$287,122
Zillow ZHVI
Median Rent
$1,285/mo
2% below avg
Zillow Rent
$1,595/mo
Zillow ZORI
Price-to-Rent Ratio
15.8x
Favors buying
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$970
1 BR
$989
2 BR
$1,200
3 BR
$1,645
4 BR
$1,885
Owner-occupied 48.1%
Renter-occupied 51.9%

💰 Estimated Monthly Budget

Rent median rent
$1,285
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,899/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.3 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.3%

Commute Mode

Drove alone
74.3%
Carpooled
8.7%
Public transit
1.9%
Walked
3.6%
Bicycle
0.3%
Work from home
9.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.8%
Total Sales Tax 5.6%
State rate 4.3%
Avg local rate 1.3%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$66,718
11% below avg
Per Capita Income
$37,475
Unemployment Rate
5.9%
22% above avg
Poverty Rate
15.1%
Labor Force Participation
67.5%

🎓 Education

Bachelor's degree+ 17.7%
Graduate degree 11.4%

👥 Demographics

Median Age 34.2
Male median age 32.5
Female median age 36

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
69.5°F
Avg Low
49.5°F
Annual Precip
45.1"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 495359707785888781716153
Low °F 313238475665706863514034
Precip" 3.052.583.353.083.664.074.695.364.954.163.003.19

🏫 Schools

NCES CCD 2019 — public school district data

89%
4-Year Graduation Rate
16:1
Student-teacher ratio
45
Public schools
28,650
Total enrollment

Frequently Asked Questions

What is the cost of living in Newport News, VA?

Newport News has a cost index of 87 (100 = national average). It is 13% below the national average.

What is average rent in Newport News, VA?

The median gross rent in Newport News is $1,285 per month based on 2023 Census data.

What is the average home price in Newport News?

The median home value in Newport News is $243,300 according to Zillow and Census data.

What is the median income in Newport News?

The median household income in Newport News is $66,718 per year (2023 ACS 5-year estimates).

What is the sales tax in Newport News, VA?

The combined state and local sales tax rate in Newport News is 5.6%. The Virginia state income tax top rate is 5.8%.

Is Newport News, VA affordable?

Yes, Newport News is generally considered affordable, with a cost of living index of 87 — about 13% below the US national average of 100.

What is the weather like in Newport News?

Newport News has average high temperatures of 69.5°F and average lows of 49.5°F. Annual precipitation is 45.1". Data from NOAA 1991–2020 Climate Normals.

Newport News at a Glance

Population
184,774
Median Income
$66,718
Home Value
$243,300
Median Rent
$1,285/mo
Unemployment
5.9%
Avg High Temp
69.5°F
Sales Tax
5.6%
View all cities in Virginia →
🗺️ County data for Virginia

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs