City Comparison

Anchorage vs Newport News

Cost of Living Comparison · 2026

Anchorage

Alaska
127
Expensive
$340,000
Median Home
$1,400/mo
Median Rent
$72,515
Median Income

Newport News

Virginia
92
Below Average
$261,000
Median Home
$1,175/mo
Median Rent
$69,600
Median Income

The Verdict

38.0%

Living in Newport News costs 38.0% less than Anchorage. To match the purchasing power of a $75,000 salary in Anchorage, you would need $54,331 in Newport News.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
142
Anchorage
75
Newport News
Groceries
120
Anchorage
99
Newport News
Utilities
130
Anchorage
104
Newport News
Transportation
108
Anchorage
96
Newport News
Healthcare
128
Anchorage
111
Newport News

Salary Equivalence

A $75,000 salary in Anchorage has the same purchasing power as $54,331 in Newport News.

Conversely, $75,000 in Newport News equals $103,533 in Anchorage.

Living in Anchorage vs Newport News

Housing Costs

Anchorage's housing index of 142 is higher Newport News's 75, translating to median home prices of $340,000 vs $261,000. The $79,000 difference in home prices means roughly $5,136 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in Anchorage compared to $1,175/mo in Newport News, a monthly difference of $225.

Grocery & Food Costs

Grocery expenses index at 120 in Anchorage and 99 in Newport News. A household spending the national average of $475/month on groceries would pay approximately $570/month in Anchorage vs $470/month in Newport News. Newport News offers a meaningful advantage on everyday food costs, saving roughly $1200/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 130 in Anchorage and 104 in Newport News. Monthly utility bills average approximately $520 in Anchorage vs $416 in Newport News. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 128 in Anchorage and 111 in Newport News. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 17-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $72,515 in Anchorage and $69,600 in Newport News. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $57,098 and $75,652 respectively. Newport News residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,692/month to housing in Anchorage vs $1,624/month in Newport News. In Anchorage, median rent of $1,400/mo fits within this budget. In Newport News, median rent of $1,175/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 67 index points — focus your budget analysis there.

Frequently Asked Questions

Newport News is 38.0% more affordable overall with an index of 92 vs 127.
A $75,000 salary in Anchorage has equivalent purchasing power to approximately $54,331 in Newport News, based on the cost of living difference.
Anchorage's housing index is 142 with median homes at $340,000, while Newport News's is 75 with median homes at $261,000.

Moving & Relocation Resources

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