Hampstead, NC

Living costs in Hampstead land close to the national average, with a Cost Index of 107 (where 100 = the US baseline). Housing is the largest variable: the median home value here is $395,900, and typical monthly rents run around $1,189. Groceries and utilities are in line with what you would find in most US cities.

Start with housing. Typical monthly rent is $1,189, while local median household income is $90,184. That implies a rent-burden proxy of about 16% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

North Carolina has a progressive state income tax with a top rate of 4.5%. The effective property tax rate is 0.84%. On a home worth $395,900, that translates to roughly $3,326 per year in property taxes. Sales tax (state + local) averages around 6.97% on everyday purchases.

The typical monthly rent in Hampstead is around $1,189. That's roughly 12% lower than the $1,348 national median. For comparison, the median home value here is $395,900, so buyers should also factor in mortgage payments, property taxes, and insurance.

The median home in Hampstead is valued at $395,900. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $2,002/month for principal and interest alone — before property taxes and insurance. About 73% of residents here own their homes.

Grocery prices in Hampstead are about average compared to the rest of the US (index: 97, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 88). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

Hampstead is a small town with a population of about 9,129. The median age of residents is 36, which is close to the national median. The local poverty rate is 10.1%, near the national average of 12.4%.