Housing costs in Newport News?
A typical home costs
$147,500, which is 56.4% less expensive than the national average of
$338,100 and 57.0% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Newport News costs
$1,060 per month, which is 24.3% cheaper than the national average of
$1,400 and 24.5% cheaper than the state average of
$1,320.
Can I afford Newport News?
To live comfortably in Newport News (zip 23607), Virginia, a minimum annual income of
$28,440 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Newport News?
The cost of living in 23607 Newport News, VA is quite affordable compared to other cities. The median home price in the area is around $197,000, which is considerably lower than the national average of $226,800. Renters can expect to pay an average of $1,300 for a two-bedroom apartment. Utilities tend to be relatively inexpensive as well, with electricity and gas costing around 10% less than the national average. Overall, the cost of living in this part of Virginia tends to be much lower than most places across the United States.