Cost of Living: Newport News, VA vs Richardson, TX (2026)

Newport News

Virginia
87
VS

Richardson

Texas
128

Newport News is 32% cheaper than Richardson.

$1,285/mo ↓ 30%
Median Rent
$1,825/mo ↑ 42%
$66,718/yr ↓ 31%
Median Income
$96,257/yr ↑ 44%
$243,300 ↓ 40%
Home Value
$405,600 ↑ 67%
$1,328/mo ↓ 26%
Owner Costs
$1,796/mo ↑ 35%
184,774
Population
118,269

Tax Comparison

5.75%
Income Tax
0%
5.3%
State Sales Tax
6.25%
0.8%
Property Tax
1.6%

Affordability

23.1%
rent-to-income
Affordability
22.8%
rent-to-income

Detailed Comparison

When comparing Newport News, VA and Richardson, TX, the overall cost of living indices are 87 and 128 respectively (national median = 100). Rent is $540/month cheaper in Newport News, saving renters about $6,480/year.

Median household income is $29,539/year higher in Richardson. Home values also differ significantly — the median in Newport News is $243,300 compared to $405,600 in Richardson.

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

Frequently Asked Questions

Newport News vs Richardson — common questions

Is Newport News or Richardson cheaper to live in?
Based on our cost index, Newport News is cheaper to live in with an index of 87 compared to 128 (US average = 100).
What is the rent difference between Newport News and Richardson?
Median rent in Newport News is $1,285/month and in Richardson it's $1,825/month — a difference of $540/month.
Which city has higher income, Newport News or Richardson?
Median household income is $66,718 in Newport News and $96,257 in Richardson. Median household income is $29,539/year higher in Richardson.
How do taxes compare between Virginia and Texas?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Newport News or Richardson?
It depends on your priorities. Newport News has a cost index of 87 with median rent of $1,285/mo, while Richardson has a cost index of 128 with rent of $1,825/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Newport News details → View Richardson details →

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