Salary Needed to Live in Newport News as a Family
A family of four (2 adults, 2 children) needs approximately $54,100/year to live comfortably in Newport News, VA — including 15% savings.
Comfortable Salary
$54,100
with 15% savings
Bare Minimum
$43,280
no savings buffer
Monthly Expenses
$2,705
8% below national avg
Detailed Monthly Budget for a Family in Newport News
| Expense | Newport News | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $175 | $209 | -16% |
| 🛒 Groceries | $54 | $44 | +23% |
| ⚡ Utilities | $26 | $28 | -7% |
| 🚗 Transportation | $40 | $44 | -9% |
| 🛡️ Car Insurance | $162 | $223 | -27% |
| 🏥 Health Insurance | $58 | $56 | +4% |
| Childcare/After-school | $1,128 | $1,200 | -6% |
| Internet + Phones | $169 | $180 | -6% |
| Children Activities | $235 | $250 | -6% |
| Dining Out | $329 | $350 | -6% |
| School Supplies & Clothing | $188 | $200 | -6% |
| Healthcare Co-pays | $141 | $150 | -6% |
| Total Monthly | $2,705 | $2,934 | -8% |
How We Calculated the Salary
Monthly expenses:$2,705
Target savings (15%):$597/mo
Monthly after-tax needed:$3,302
Effective tax rate:25%
Gross annual salary needed:$54,100
Other Household Types in Newport News
Related Pages
FAQ
What salary does a family with kids need in Newport News?
A family with kids needs approximately $54,100/year ($4,508/month gross) to live comfortably in Newport News with a 15% savings rate.
How much is rent for a family with kids in Newport News?
A 3br apartment/house in Newport News costs approximately $175/month, which is the largest single expense at 6% of the total budget.
Is Newport News affordable for a family with kids?
Yes, Newport News is 8% more affordable than the national average for a family with kids.