Housing in upscale neighborhoods is affordable in Newport News. The award winning school system offers variety and quality in education. Newport News residents can choose among programs at fifteen colleges and universities. An abundance of water, park land, golf, history, amusement and a mild climate create year-round recreational enjoyment. Cultural experiences span all art mediums.

Newport News offers a wide variety of living environments to suit individual tastes and lifestyles. From urban to suburban to semi rural, from garden apartment to wooded lot on the water, a plentiful housing supply exists throughout the City. Quiet neighborhoods are convenient to shopping and to water and recreational amenities.

Housing costs are very reasonable when compared to other metropolitan areas. An active economy and a mobile population result in sound real estate appreciation and short stays of property on the market. Thus, Newport News gives you the best of both worlds: housing affordability and solid equity growth.

Housing Cost Comparison, Selected Cities, 2009

	2,400 sf median price	950 sf apartment median rent
New York City (Manhattan)	$1,168,000	$3,500
San Francisco	$828,769	$2,387
San Jose	$776,500	$1,391
New York City (Queens)	$696,518	$1,853
Los Angeles	$695,910	$1,522
Washington, DC	$641,609	$1,710
Oakland	$600,750	$1,790
Palm Springs	$532,055	$961
Bergen-Passaic, NJ	$515,405	$1,571
Newark	$493,435	$1,375
Baltimore	$483,979	$1,350
Boston	$419,000	$1,309
Philadelphia	$414,350	$1,305
Burlington, VT	$402,096	$1,050
Newport News	$377,192	$865
Chicago	$360,245	$1,057
Providence, RI	$359,000	$1,448
Richmond	$312,683	$942
Raleigh	$287,422	$696
Atlanta	$269,796	$734
Charlotte, NC	$247,974	$639
Source: 2009 ACCRA Cost of Living Index, The Council for Community and Economic Research