Newport News, VA - Economy | Competitiveness

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Cost Comparison: Newport News and selected Large Cities

WAGES*

in Newport News are:

• 40% lower than in San Jose, CA
• 25% lower than in Boston
• 15% lower than in Chicago
• 10% lower than in Atlanta

Source: U. S. Bureau of Labor Statistics, 2006
*Average annual pay for all covered workers, 2006

CONSTRUCTION COSTS

in Newport News are:

• 35% lower than in New York City and Long Island
• 25% lower than in Philadelphia and San Jose, CA
• 12.5% lower than in San Jose, CA
• 2.5% lower than in Atlanta

Source: R.S. Means Building Construction Cost Data Book, 2008

HOUSING COSTS

in Newport News are:

• 70% lower than in New York City
• 55% lower than in San Francisco
• 40% lower than in Washington, D.C.
• 22.5% lower than in Boston
• 12.5% lower than in Philadelphia

Source: 2007 ACCRA COst of Living Index, The Council for Community and Economic Research

HEALTH CARE COSTS

in Newport News are:

• 30% lower than in Boston
• 25% lower than in New York City and San Francisco
• 10% lower than in Washington, D.C. and Philadelphia
• 5% lower than in Atlanta and Chicago

Source: 2007 ACCRA COst of Living Index, The Council for Community and Economic Research

OVERALL COST OF LIVING

in Newport News are:

• 50% lower than in New York City
• 35% lower than in San Francisco
• 20% lower than in Boston and Washington, D.C.
• 15% lower than in Philadelphia
• 2.5% lower than in Chicago

Source: 2007 ACCRA COst of Living Index, The Council for Community and Economic Research

Updated: 05.06.08

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