CostIndexUSA

Akron, OH vs Newport News, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableOH
Akron
93.4
overall index
$1,225/mo rent
VA
Newport News
97.9
overall index
$1,800/mo rent

Akron is slightly cheaper than Newport News — 4.8% lower overall cost of living.

To match an $80,000 salary in Akron, you would need $83,900 in Newport News. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+29.9%
Akron
76.8
Newport News
99.8
🛒 Groceries+3.4%
Akron
93.6
Newport News
96.8
🚗 Transportation≈ Equal
Akron
103.9
Newport News
103.5
🏥 Healthcare≈ Equal
Akron
94
Newport News
93.7
Utilities7.1%
Akron
96.4
Newport News
89.6

Salary Equivalency Calculator

Enter your current salary in Akron to see what you'd need to earn in Newport News to maintain the same purchasing power.

$
Equivalent salary in Newport News, VA
$83,900
$3,900 more needed in Newport News

Formula: salary × (97.9 ÷ 93.4) = salary × 1.0482. Based on BEA Regional Price Parities.

Housing Market

Akron, OH

Median Home Price
$225,000
Median Monthly Rent
$1,225
Housing Index
76.8
Price-to-Rent Ratio
15.3×

Newport News, VA

Median Home Price
$360,000
Median Monthly Rent
$1,800
Housing Index
99.8
Price-to-Rent Ratio
16.7×

Newport News has 29.9% higher housing costs compared to Akron.

Income & Job Market

Akron, OH

Median Household Income
$70,100
Per Capita Income
$40,000
Unemployment Rate
4.2%
Population
190,469
Top Industries
ManufacturingHealthcareEducationTechnologyFinance

Newport News, VA

Median Household Income
$79,300
Per Capita Income
$45,200
Unemployment Rate
4.3%
Population
186,247
Top Industries
MilitaryManufacturingHealthcareGovernmentRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Akron, OH
4.8×income-to-rent ratio

79% of income left after rent (median)

Newport News, VA
3.7×income-to-rent ratio

73% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.