Cost of living in Hampton research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Hampton is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Georgia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Hampton is 92, with 100 being the average.
The cost of living index in Hampton is 0.9x lower than the national average.
Hampton ranks as the #74 cheapest in Georgia out of 154.
Hampton ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Hampton is $162,500.
The median income in Hampton is $59,946.
According to the most recent data on the cost of living, Hampton has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Georgia, Hampton has a cost of living index that's 1.0x higher than Georgia's index of 89.
The standard of living in Hampton ranks as #74 most affordable out of the 154 places we measured in Georgia. By definition, that implies Hampton ranks as the #80 most expensive place in the Peach State.
For more reading on life in Hampton, check out:
Six factors go into calculating the cost of living index in Hampton. Here is how it fairs on each of the criteria:
The Services index in Hampton is 102.
The Groceries index in Hampton is 107.
The Health index in Hampton is 104.
The Housing index in Hampton is 79.
The Transportation index in Hampton is 100.
The Utilities index in Hampton is 83.
Living Expense | Hampton | Georgia | National Average | |
---|---|---|---|---|
Overall | 92 | 89 | 100 | |
Services | 102 | 95 | 100 | |
Groceries | 107 | 96 | 100 | |
Health | 104 | 98 | 100 | |
Housing | 79 | 76 | 100 | |
Transportation | 100 | 90 | 100 | |
Utilities | 83 | 86 | 100 |
Housing swings affordability the most between places in Georgia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Hampton is $162,500.
The Median Rent in Hampton is $1,154.
The Median Income in Hampton is $59,946.
The Home Value To Income in Hampton is 2.7x.
The Rent To Monthly Income in Hampton is 0.23x.
Statistic | Hampton | Georgia | United States |
---|---|---|---|
Median Home Value | $162,500 | $206,700 | $244,900 |
Median Rent | $1,154 | $1,110 | $1,163 |
Median Income | $59,946 | $65,030 | $69,021 |
Home Value To Income | 2.7x | 3.2x | 3.5x |
Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Hampton. Here's a quick look at the cost of living in the most populous nearby places:
McDonough, GA has a cost of living index of 95, 1.0x Hampton.
Stockbridge, GA has a cost of living index of 95, 1.0x Hampton.
Griffin, GA has a cost of living index of 90, 1.0x Hampton.
City | Population | Cost Of Living | Vs. Hampton |
---|---|---|---|
McDonough, GA | 28,574 | 95 | 1.0x |
Stockbridge, GA | 28,567 | 95 | 1.0x |
Griffin, GA | 23,300 | 90 | 1.0x |
Fayetteville, GA | 18,633 | 103 | 1.1x |
Riverdale, GA | 15,013 | 88 | 1.0x |
Lovejoy, GA | 10,208 | 88 | 1.0x |
Locust Grove, GA | 8,816 | 92 | 1.0x |
Irondale, GA | 8,127 | 89 | 1.0x |
Tyrone, GA | 7,615 | 108 | 1.2x |
Morrow, GA | 6,572 | 89 | 1.0x |