Cost of Living in Newport News, VA
Newport News has a cost of living index of 92 (100 = national average), making it more affordable than the national average. The median household income is $53,874 and the median home price is $240,000.
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Newport News at a Glance
Population
186,247
Cost of Living Index
92
Median Income
$53,874
Median Home Price
$240,000
Property Tax Rate
1.07%
Sales Tax Rate
6.00%
Rent Index
82
State
Virginia
Living in Newport News
Newport News offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $240,000 is well within reach for many families.
The combined sales tax rate in Newport News is 6.00%, and the effective property tax rate is 1.07%. Property taxes are close to the national average.