Cost of Living: Richmond, VA vs Newport News, VA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,181/mo in Richmond, VA versus $4,181/mo in Newport News, VA. In the model, rent is about 19.15% of gross in Richmond, VA versus 18.72% in Newport News, VA, so Newport News, VA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Richmond, VA and Newport News, VA.
At a glance
- Cheaper overall (lower cost-of-living index): Newport News, VA
- Lower rent (median 1BR/2BR): Newport News, VA
- Lower home prices: Newport News, VA
- Higher median household income: Newport News, VA
Cost of Living Index
Richmond, VA: 93.8 (U.S. = 100) · Newport News, VA: 88.2 (U.S. = 100)
Newport News, VA has a lower cost-of-living index than Richmond, VA, so a given salary generally stretches further there.
Median Rent
Richmond, VA: $1,249/mo (midpoint of 1BR/2BR) · Newport News, VA: $1,221/mo
Median rent in Richmond, VA is $28/mo higher than in Newport News, VA.
Median Home Price
Richmond, VA: $328,100 · Newport News, VA: $243,300
Median home price in Richmond, VA is $84,800 higher than in Newport News, VA.
Median Household Income
Richmond, VA: $62,671 · Newport News, VA: $66,718
Newport News, VA has a higher median household income than Richmond, VA by $4,047.
Richmond, VA overview · Newport News, VA overview · Popular comparisons