Housing costs in Newport News?
A typical home costs
$259,800, which is 23.2% less expensive than the national average of
$338,100 and 24.3% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Newport News costs
$1,320 per month, which is 5.7% 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 23603), Virginia, a minimum annual income of
$49,680 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Newport News?
The cost of living in 23603 Newport News, VA is quite reasonable. The median home price in the area is around $195,000 which is well below the national average. In addition, the overall cost of living is 6% lower than the national average which makes it an attractive option for people looking to move to the area. Grocery prices are also lower than average and transportation costs are considered to be very reasonable. With such low costs of living, 23603 Newport News, VA may be a great option for those looking for a budget-friendly place to live.