Cost of Living: Anchorage, AK vs Newport News, VA (2026)

Anchorage

Alaska
113
VS

Newport News

Virginia
87

Anchorage is 30% more expensive than Newport News.

$1,453/mo ↑ 13%
Median Rent
$1,285/mo ↓ 12%
$98,152/yr ↑ 47%
Median Income
$66,718/yr ↓ 32%
$375,900 ↑ 55%
Home Value
$243,300 ↓ 35%
$1,698/mo ↑ 28%
Owner Costs
$1,328/mo ↓ 22%
289,069
Population
184,774

Tax Comparison

0%
Income Tax
5.75%
0%
State Sales Tax
5.3%
1.04%
Property Tax
0.8%

Affordability

17.8%
rent-to-income
Affordability
23.1%
rent-to-income

Detailed Comparison

When comparing Anchorage, AK and Newport News, VA, the overall cost of living indices are 113 and 87 respectively (national median = 100). Rent is $168/month cheaper in Newport News, saving renters about $2,016/year.

Median household income is $31,434/year higher in Anchorage. Home values also differ significantly — the median in Anchorage is $375,900 compared to $243,300 in Newport News.

Alaska has no state income tax, giving Anchorage residents a significant tax advantage over Virginia's 5.75% rate.

Frequently Asked Questions

Anchorage vs Newport News — common questions

Is Anchorage or Newport News cheaper to live in?
Based on our cost index, Newport News is cheaper to live in with an index of 87 compared to 113 (US average = 100).
What is the rent difference between Anchorage and Newport News?
Median rent in Anchorage is $1,453/month and in Newport News it's $1,285/month — a difference of $168/month.
Which city has higher income, Anchorage or Newport News?
Median household income is $98,152 in Anchorage and $66,718 in Newport News. Median household income is $31,434/year higher in Anchorage.
How do taxes compare between Alaska and Virginia?
Alaska has 0% income tax, 0% sales tax, and 1.04% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.
Should I move to Anchorage or Newport News?
It depends on your priorities. Anchorage has a cost index of 113 with median rent of $1,453/mo, while Newport News has a cost index of 87 with rent of $1,285/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Anchorage details → View Newport News details →

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