Is Hampton expensive to live in?

Hampton is considered affordable, with a cost index of 98 compared to the US average of 100. Living here costs about 2% less than the national average. The median monthly rent is $1,587, and the median household income is $67,758.

What salary do you need to live comfortably in Hampton?

Using the standard 30% rent-to-income rule, you need at least $63,480/year to afford median rent in Hampton. The median household income is $67,758, giving a rent-to-income ratio of 28%. Financial experts recommend keeping rent below 30% of gross income.

What is the average rent in Hampton?

The median rent in Hampton is $1,587 per month. Housing costs score 95 against the national average of 100, meaning housing is 5% cheaper than the US average.

How does Hampton compare to the national average cost of living?

Hampton's overall cost index is 98 vs the national average of 100. Breaking it down: housing (95), food & groceries (96), transportation (93), utilities (90), and healthcare (101). Hampton is below average in most categories, making it a strong value destination.

Is Hampton, Virginia a good place to live?

Hampton has a population of 137,098 and a median household income of $67,758. With a cost index of 98, it offers strong affordability relative to the national average. The rent-to-income ratio is 28%, which is within healthy financial guidelines.

What are the cheapest cities near Hampton?

To find the most affordable cities near Hampton in Virginia, use the Livably city comparison tool or browse the Virginia state page. You can compare rent, cost index, income, and affordability side by side across all tracked cities.

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Hampton

Monthly city intelligence across housing costs, tax load, and affordability signals to help you plan your next move with clearer numbers.

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Cost index: 98

Median rent: $1,587

Median income: $67,758

Cost Index

0/ 100 avg

Population

Median Income

Median Rent

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12mo Trend

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About Hampton

Living in Hampton, Virginia

Hampton, Virginia is a growing city with a population of approximately 137,098. The overall cost of living index sits at 98, which is near the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 2% less expensive compared to the typical U.S. city.

Housing is the largest cost driver in Hampton. Median rent is $1,587 per month, while the median home price is $272,161. At a median household income of $67,758, rent consumes roughly 28% of gross income, which remains manageable relative to local incomes. The housing sub-index of 95 sits close to the national norm.

Beyond housing, healthcare is the most elevated non-shelter expense in Hampton with a sub-index of 101, while utilities is comparatively more affordable at 90. State-level taxes also shape the true cost of living: Virginia applies a 5.75% income tax rate, and property tax averages 0.75% of assessed home value. The combined sales tax rate is 5.77%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Hampton has trended downward. Among the 7 tracked cities in Virginia, Hampton ranks #1 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Hampton actually costs.

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