City Comparison

Newport News vs Toledo

Cost of Living Comparison · 2026

Newport News

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

Toledo

Ohio
77
Very Affordable
$128,000
Median Home
$825/mo
Median Rent
$42,200
Median Income

The Verdict

19.5%

Toledo is 19.5% less expensive than Newport News overall. A household earning $75,000 in Newport News would need approximately $62,772 in Toledo to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
75
Newport News
55
Toledo
Groceries
99
Newport News
98
Toledo
Utilities
104
Newport News
92
Toledo
Transportation
96
Newport News
101
Toledo
Healthcare
111
Newport News
84
Toledo

Salary Equivalence

A $75,000 salary in Newport News has the same purchasing power as $62,772 in Toledo.

Conversely, $75,000 in Toledo equals $89,610 in Newport News.

Living in Newport News vs Toledo

Housing Costs

Newport News's housing index of 75 is higher Toledo's 55, translating to median home prices of $261,000 vs $128,000. The $133,000 difference in home prices means roughly $8,640 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,175/mo in Newport News compared to $825/mo in Toledo, a monthly difference of $350.

Grocery & Food Costs

Grocery expenses index at 99 in Newport News and 98 in Toledo. A household spending the national average of $475/month on groceries would pay approximately $470/month in Newport News vs $466/month in Toledo. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 104 in Newport News and 92 in Toledo. Monthly utility bills average approximately $416 in Newport News vs $368 in Toledo. 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 111 in Newport News and 84 in Toledo. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 27-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $69,600 in Newport News and $42,200 in Toledo. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $75,652 and $54,805 respectively. Newport News residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,624/month to housing in Newport News vs $985/month in Toledo. In Newport News, median rent of $1,175/mo fits within this budget. In Toledo, median rent of $825/mo remains manageable. The biggest category-level difference between these two cities is Healthcare, where the gap is 27 index points — focus your budget analysis there.

Frequently Asked Questions

Toledo is 19.5% more affordable overall with an index of 77 vs 92.
A $75,000 salary in Newport News has equivalent purchasing power to approximately $62,772 in Toledo, based on the cost of living difference.
Newport News's housing index is 75 with median homes at $261,000, while Toledo's is 55 with median homes at $128,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases