Housing costs in Newport News?
A typical home costs
$197,600, which is 41.6% less expensive than the national average of
$338,100 and 42.4% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Newport News costs
$1,100 per month, which is 21.4% cheaper than the national average of
$1,400 and 20.0% cheaper than the state average of
$1,320.
Can I afford Newport News?
To live comfortably in Newport News (zip 23605), Virginia, a minimum annual income of
$37,800 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Newport News?
The cost of living in 23605 Newport News, VA is relatively affordable compared to other areas in the country. The median home value is $164,200, which is lower than the national average. The cost of goods and services, such as groceries, transportation, utilities and housing are also lower than the national average. This makes it a great place to live for those looking for an affordable place with convenient access to amenities like restaurants and shopping centers. The local economy also has good job opportunities with some major employers providing employment in the area. All this makes 23605 Newport News, VA a great place to call home.