Cost of living in Newport News, Virginia

In Newport News, Virginia, a one-bedroom apartment averages $1,483 per month, a two-bedroom averages $1,696 per month, a three-bedroom averages $2,361 per month, according to HUD Fair Market Rent data.

In Newport News, Virginia, the average household income is $66,718 per year and individual earnings for full-time workers average $41,173 per year, according to U.S. Census Bureau data.

The estimated cost of living in Newport News, Virginia is approximately $3,580 per month for a single person, $4,935 for a couple, $7,762 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

The combined sales tax rate in Newport News, Virginia is 5.75%, which includes the Virginia state rate of 5.30% plus an average local rate of 0.45%.

Based on the data, a single person in Newport News, Virginia would need approximately $3,580 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $66,718 per year ($5,560 per month). Newport News has a moderate cost of living relative to local earnings.

The ACA marketplace benchmark premium in Newport News, Virginia is approximately $480 per month for an individual. Approximately 8.7% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

The average home value in Newport News, Virginia is $243,300, with average annual property taxes of $2,507, according to U.S. Census Bureau data.

You can compare Newport News, Virginia with any other US county using our comparison tool at /compare. Newport News is in the Virginia Beach-Chesapeake-Norfolk, VA-NC metro area.