Richmond, VA vs Newport News, VA: 98 vs 87

$1,314/mo ↑ 2%

Median Rent

$1,285/mo ↓ 2%

$62,671/yr ↓ 6%

Median Income

$66,718/yr ↑ 6%

$328,100 ↑ 35%

Home Value

$243,300 ↓ 26%

$1,374/mo ↑ 3%

Owner Costs

$1,328/mo ↓ 3%

227,595

Population

184,774

Detailed Comparison

When comparing Richmond, VA and Newport News, VA, the overall cost of living indices are 98 and 87 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $4,047/year higher in Newport News. Home values also differ significantly — the median in Richmond is $328,100 compared to $243,300 in Newport News.

Both cities share the same state tax structure since they are in Virginia.

Frequently Asked Questions

Richmond vs Newport News — common questions

Is Richmond 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 98 (US average = 100).

What is the rent difference between Richmond and Newport News?

Median rent in Richmond is $1,314/month and in Newport News it's $1,285/month — a difference of $29/month.

Which city has higher income, Richmond or Newport News?

Median household income is $62,671 in Richmond and $66,718 in Newport News. Median household income is $4,047/year higher in Newport News.

How do taxes compare between Virginia and Virginia?

Both cities are in Virginia and share the same state tax rates: 5.75% income tax, 5.3% sales tax, and 0.8% property tax.

Should I move to Richmond or Newport News?

It depends on your priorities. Richmond has a cost index of 98 with median rent of $1,314/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.

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

Richmond

Newport News

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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