Housing costs in Newport News?
A typical home costs
$273,900, which is 19.0% less expensive than the national average of
$338,100 and 20.2% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Newport News costs
$1,340 per month, which is 4.3% cheaper than the national average of
$1,400 and close to the state average of
$1,320.
Can I afford Newport News?
To live comfortably in Newport News (zip 23602), Virginia, a minimum annual income of
$52,560 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Newport News?
The cost of living in 23602 Newport News, VA is slightly higher than the national average. Housing costs have increased significantly in recent years, with an average two-bedroom apartment costing around $1,350 per month. Groceries and other basic necessities are relatively affordable, but transportation costs can be somewhat high due to the reliance on cars for most commutes. Eating out can also be a bit more expensive than other parts of the country. All in all, the cost of living in Newport News is fairly reasonable compared to other cities and towns across Virginia and the United States as a whole.