Cost of Living: Newport News, VA vs Richmond, VA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,181/mo in Newport News, VA versus $4,181/mo in Richmond, VA. In the model, rent is about 18.72% of gross in Newport News, VA versus 19.15% in Richmond, VA, so Newport News, VA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Newport News, VA and Richmond, VA.
At a glance
- Cheaper overall (lower cost-of-living index): Newport News, VA
- Lower rent (median 1BR/2BR): Newport News, VA
- Lower home prices: Newport News, VA
- Higher median household income: Newport News, VA
Cost of Living Index
Newport News, VA: 88.2 (U.S. = 100) · Richmond, VA: 93.8 (U.S. = 100)
Newport News, VA has a lower cost-of-living index than Richmond, VA, so a given salary generally stretches further there.
Median Rent
Newport News, VA: $1,221/mo (midpoint of 1BR/2BR) · Richmond, VA: $1,249/mo
Median rent in Richmond, VA is $28/mo higher than in Newport News, VA.
Median Home Price
Newport News, VA: $243,300 · Richmond, VA: $328,100
Median home price in Richmond, VA is $84,800 higher than in Newport News, VA.
Median Household Income
Newport News, VA: $66,718 · Richmond, VA: $62,671
Newport News, VA has a higher median household income than Richmond, VA by $4,047.
Newport News, VA overview · Richmond, VA overview · Popular comparisons