Housing costs in Newport News?
A typical home costs
$277,300, which is 18.0% less expensive than the national average of
$338,100 and 19.2% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Newport News costs
$1,800 per month, which is 28.6% more than the national average of
$1,400 and 26.7% more than the state average of
$1,320.
Can I afford Newport News?
To live comfortably in Newport News (zip 23604), Virginia, a minimum annual income of
$53,280 for a family, and
$61,600 for a single person is recommended.
What does A.I. say about Newport News?
The cost of living in 23604 Newport News, VA is relatively low compared to the national average. Although it is slightly higher than some of the surrounding areas, the cost of goods and services remain competitive. The median home value in Newport News is around $164,000 which is lower than both Virginia and the U.S. averages. Additionally, groceries, health care, transportation costs, and utilities are all below the national average helping to keep overall expenses down. As a result, 23604 Newport News provides an affordable option for those interested in living in Virginia while also providing access to rich culture and close proximity to plenty of entertainment and amenities.