Cost of Living in Hampton, VA
Cost of Living in Hampton, VA has an overall index of 97, 3% below the U.S. baseline of 100. The typical home value is $272,161; typical monthly rent is $1,587; and median household income is $67,758.
Cost index: committed city housing/rent inputs and BEA 2024 metro-area price parities. Home value: Zillow ZHVI market signal as of 2026-02. Rent: Zillow ZORI market signal as of 2026-02. A place-level signal, not a personal affordability decision or financial recommendation.
Rent and home prices are comparatively balanced with local income. This describes the local market, not your household.
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Other Virginia cities with a useful tradeoff.
Recommendations require usable housing and income data and exclude very small places for a city of this scale.
Frequently asked questions about Hampton
Living in Hampton
What is the cost of living like in Hampton, VA?+
Living costs in Hampton land close to the national average, with a Cost Index of 97 (where 100 = the US baseline). Housing is the largest variable: the median home value here is $272,161, and typical monthly rents are $1,587. Groceries and utilities are in line with what you would find in most US cities.
How does Hampton fit a household housing budget?+
Start with housing. Typical monthly rent is $1,587, while local median household income is $67,758. That implies a rent-burden proxy of about 28% before utilities and other costs. Use that as a planning signal for whether the place looks manageable under your own household assumptions.
How much are taxes in Hampton, VA?+
Virginia uses a progressive model; 5.75% is top marginal-rate context. Applying the 0.82% state-level effective owner-occupied proxy to a home worth $272,161 gives a planning estimate near $2,232 per year; it is not a city, county, parcel, or individual tax bill. State plus average local sales-tax context is around 5.75%.
How much does it cost to rent in Hampton, VA?+
The typical monthly rent in Hampton is around $1,587. That's about 18% higher than the $1,348 national median. For comparison, the median home value here is $272,161, so buyers should also factor in mortgage payments, property taxes, and insurance.
How much does a house cost in Hampton, VA?+
The typical home value in Hampton is $272,161. With 20% down and the committed 6.11% national 30-year fixed benchmark as of 2026-03-12, principal and interest are roughly $1,321/month before property tax and insurance. This is a planning estimate, not a local lender quote. About 56% of residents here own their homes.
Are groceries and utilities expensive in Hampton?+
Grocery prices in Hampton are about average compared to the rest of the US (index: 97, where 100 is the national average). Utility bills (electricity, gas, water) are about typical (index: 90). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.
What is Hampton, VA like to live in?+
Hampton is a mid-sized city with a population of about 137,334. The median age of residents is 36.5, which is close to the national median. The local poverty rate is 13.04%, near the national average of 12.4%.