Cost of Living: Newport News, VA vs Hollywood, FL (2026)

Newport News

Virginia
87
VS

Hollywood

Florida
113

Newport News is 23% cheaper than Hollywood.

$1,285/mo ↓ 17%
Median Rent
$1,555/mo ↑ 21%
$66,718/yr ↑ 2%
Median Income
$65,359/yr ↓ 2%
$243,300 ↓ 35%
Home Value
$374,200 ↑ 54%
$1,328/mo ↓ 15%
Owner Costs
$1,568/mo ↑ 18%
184,774
Population
152,935

Tax Comparison

5.75%
Income Tax
0%
5.3%
State Sales Tax
6.0%
0.8%
Property Tax
0.86%

Affordability

23.1%
rent-to-income
Affordability
28.6%
rent-to-income

Detailed Comparison

When comparing Newport News, VA and Hollywood, FL, the overall cost of living indices are 87 and 113 respectively (national median = 100). Rent is $270/month cheaper in Newport News, saving renters about $3,240/year.

Median household income is $1,359/year higher in Newport News. Home values also differ significantly — the median in Newport News is $243,300 compared to $374,200 in Hollywood.

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

Frequently Asked Questions

Newport News vs Hollywood — common questions

Is Newport News or Hollywood 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 Newport News and Hollywood?
Median rent in Newport News is $1,285/month and in Hollywood it's $1,555/month — a difference of $270/month.
Which city has higher income, Newport News or Hollywood?
Median household income is $66,718 in Newport News and $65,359 in Hollywood. Median household income is $1,359/year higher in Newport News.
How do taxes compare between Virginia and Florida?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Newport News or Hollywood?
It depends on your priorities. Newport News has a cost index of 87 with median rent of $1,285/mo, while Hollywood has a cost index of 113 with rent of $1,555/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Newport News details → View Hollywood details →

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