CostIndexUSA

Newport News, VA vs Saginaw, MI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

VA
Newport News
97.9
overall index
$1,800/mo rent
More AffordableMI
Saginaw
90.9
overall index
$1,000/mo rent

Saginaw is moderately cheaper than Newport News — 7.2% lower overall cost of living.

To match an $80,000 salary in Newport News, you would need $74,300 in Saginaw. Calculate your salary ↓

Category Breakdown

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

🏠 Housing36.3%
Newport News
99.8
Saginaw
63.6
🛒 Groceries3.2%
Newport News
96.8
Saginaw
93.7
🚗 Transportation+1.0%
Newport News
103.5
Saginaw
104.5
🏥 Healthcare+1.0%
Newport News
93.7
Saginaw
94.6
Utilities+6.9%
Newport News
89.6
Saginaw
95.8

Salary Equivalency Calculator

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

$
Equivalent salary in Saginaw, MI
$74,300
$5,700 less needed in Saginaw

Formula: salary × (90.9 ÷ 97.9) = salary × 0.9285. Based on BEA Regional Price Parities.

Housing Market

Newport News, VA

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

Saginaw, MI

Median Home Price
$160,000
Median Monthly Rent
$1,000
Housing Index
63.6
Price-to-Rent Ratio
13.3×

Newport News has 36.3% lower housing costs compared to Saginaw.

Income & Job Market

Newport News, VA

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

Saginaw, MI

Median Household Income
$59,300
Per Capita Income
$33,800
Unemployment Rate
6.2%
Population
44,909
Top Industries
HealthcareManufacturingGovernmentRetailEducation

Affordability at a Glance

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

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

73% of income left after rent (median)

Saginaw, MI
4.9×income-to-rent ratio

80% 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.