Housing costs in Hampton?
A typical home costs
$213,100, which is 37.0% less expensive than the national average of
$338,100 and 37.9% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Hampton costs
$1,170 per month, which is 16.4% cheaper than the national average of
$1,400 and 12.8% cheaper than the state average of
$1,320.
Can I afford Hampton?
To live comfortably in Hampton (zip 23661), Virginia, a minimum annual income of
$40,680 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Hampton?
The cost of living in 23661 Hampton, VA is relatively high compared to other parts of the country. According to BestPlaces, the overall cost of living index is estimated at 109.2, which is 9.2% higher than the national average. This means that goods and services are more expensive than what you would normally pay in other cities across the United States. For example, a one-bedroom apartment in a city center averages $1,004 per month while outside of the center it averages about $749 per month. Additionally, groceries and restaurants are also more costly here as well due to higher taxation rates in the area. All in all, Hampton offers its residents with plenty of amenities and conveniences but these come at a price.