Cost Of Living In Hampton, NH

Hampton cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Hampton	New Hampshire	National
Cost of living index	134	122	100
Index	Hampton	New Hampshire	National
Goods & Services index	122	122	100
Groceries index	117	117	100
Health care index	115	115	100
Housing index	167	127	100
Transportation index	107	107	100
Utilities index	128	128	100

Here we can see a simple outline of the cost of living in Hampton, NH. As you can see, with the average cost of living in Hampton, NH being 134, that puts it 10% higher than the average of New Hampshire and 34% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Hampton, NH, the price of goods and services are equal to the average of New Hampshire as well as 22% higher than the nation's average.

Did you know?

The cost of living in Hampton is 10% higher than the New Hampshire average.
The cost of living in Hampton is 34% higher than the national average.
The cost of housing in Hampton is 67% higher than the national average.
New Hampshire general sales tax is 100% lower than the national average.
New Hampshire state income tax is 100% lower than the national average.

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Salary Calculator

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

The salary calculator is meant to help you compare your salary in Hampton, NH to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Hampton, NH, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Hampton, NH salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$94,444	$7,870	$2,204	$2,834
Renters	$38,319	$3,193	$894	$1,150

A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Hampton, NH, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Hampton, NH has a median income of about $94,444 for people who own homes. Based on that number, a person should spend a maximum of $2,204 on expenses related to housing. Renters have a slightly different median income, which is $38,319. Based on this average, renters should spend no more than $894 on all of their rental costs if they want to maintain a non-impoverished standard of living.

New Hampshire Sales Tax

State	General Sales Tax	With Max Surtax
New Hampshire	0%	0%

New Hampshire Income Tax

State	Income Tax (Low)	Income Tax (High)
New Hampshire	0%	0%

When assessing the complete cost of living in Hampton, NH, the New Hampshire income tax and the New Hampshire sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The New Hampshire maximum surtax is 0%, and the New Hampshire sales tax is 0%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 0% in New Hampshire.

Goods & Services

Item	Hampton	National avg.	Difference
Haircut	$19.17	$15.56	23.2%
Beauty Salon	$39.47	$36.11	9.3%
Toothpaste	$4.22	$2.47	70.8%
Shampoo	$1.08	$0.96	11.6%
Movie	$10.96	$10.13	8.2%
Bowling	$4.79	$4.74	1.1%

Groceries

Item	Hampton	National avg.	Difference
Ground Beef	$5.05	$3.98	26.8%
Fried Chicken	$1.51	$1.41	7.5%
Milk	$3.28	$2.06	58.9%
Potatoes	$3.59	$2.98	20.4%
Pizza	$12.08	$9.47	27.5%
Beer	$9.69	$8.79	10.2%

Health Care

Item	Hampton	National avg.	Difference
Optometrist	$102.97	$101.04	1.9%
Doctor	$146.83	$107.44	36.7%
Dentist	$104.98	$90.42	16.1%
Ibuprofen	$9.32	$9.28	0.5%
Lipitor	$409.35	$426.50	4.0%

Housing

Item	Hampton	National avg.	Difference
Home Price	$327,600.00	$175,700.00	86.5%
Avg. Mortgage Payment	$1,265.36	$1,133.23	11.7%
Apartment Rent	$1,130.00	$920.00	22.8%

Transportation

Item	Hampton	National avg.	Difference
Gasoline	$2.02	$1.99	1.2%
Tire Balancing	$54.27	$45.76	18.6%

Utilities

Item	Hampton	National avg.	Difference
All Electricity	$212.11	$163.81	29.5%
Phone	$36.25	$28.39	27.7%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Epping, NH	1,690	113	13%
Newmarket, NH	5,589	120	20%
Exeter, NH	9,303	122	22%
Haverhill, MA	61,769	124	24%
Durham, NH	10,288	128	28%
Hampton, NH	9,417	134	34%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Brigantine, NJ	9,420	135	35%
Reedsburg, WI	9,411	95	-5%
Winterville, NC	9,424	103	3%
St. Pete Beach, FL	9,408	118	18%
Alamosa, CO	9,427	87	-13%
Hampton, NH	9,417	134	34%

Source: The Hampton, NH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Hampton, NH Cost of Living