Hampton, New Hampshire Cost Of Living

F

32%

Overall NAT. AVG.

27%

Goods & Services NAT. AVG.

65%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2023; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Hampton	New Hampshire	National
Cost of living	132	120	100
Goods & Services	127	127	100
Groceries	105	105	100
Health care	130	130	100
Housing	165	123	100
Transportation	107	107	100
Utilities	115	115	100

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Cost Of Living Quick Facts

The cost of living in Hampton is 10% higher than the New Hampshire average
The cost of living in Hampton is 32% higher than the national average
Hampton housing is 65% higher than the national average
New Hampshire general sales tax is 100% lower than the national average
New Hampshire state income tax is 122% higher than the national average

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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

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$97,740	$8,145	$2,280	$2,932
Renters	$57,049	$4,754	$1,331	$1,712

A good way to judge both the affordability of the housing and the cost of living in Hampton is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Hampton has a median income of about $97,740 for people who own homes. Based on that number, a maximum of $2,280 should be spent on expenses related to housing. Renters have a slightly different median income, which is $57,049. Based on this average, renters should spend no more than $1,331 on all 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	5%	5%

Goods & Services

Item	Hampton	National avg.	Difference
Haircut	$25.94	$22.08	17.5%
Beauty Salon	$59.17	$42.88	38.0%
Toothpaste	$2.50	$2.57	2.5%
Shampoo	$1.62	$1.15	40.1%
Movie	$14.36	$11.51	24.8%
Bowling	$27.92	$16.62	68.0%

Groceries

Item	Hampton	National avg.	Difference
Ground Beef	$5.38	$4.98	8.1%
Fried Chicken	$1.85	$1.58	17.0%
Milk	$2.66	$2.42	9.8%
Potatoes	$3.92	$3.54	10.9%
Pizza	$11.78	$11.49	2.5%
Beer	$11.65	$10.04	16.0%

Health Care

Item	Hampton	National avg.	Difference
Optometrist	$115.00	$117.76	2.3%
Doctor	$175.70	$125.34	40.2%
Dentist	$152.18	$107.52	41.5%
Ibuprofen	$11.02	$10.26	7.4%
Lipitor	$499.60	$459.24	8.8%

Housing

Item	Hampton	National avg.	Difference
Home Price	$390,500.00	$184,700.00	111.4%
Avg. Mortgage Payment	$1,603.37	$1,697.41	5.5%
Apartment Rent	$1,374.00	$949.00	44.8%

Transportation

Item	Hampton	National avg.	Difference
Gasoline	$4.03	$3.85	4.7%
Tire Balancing	$63.82	$57.01	11.9%

Utilities

Item	Hampton	National avg.	Difference
All Electricity	$225.85	$177.27	27.4%
Phone	$184.25	$189.62	2.8%

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	Population	Cost of Living Index	National Avg.
Epping, NH	3,001	112	12.4%
Newmarket, NH	5,737	118	18.3%
Exeter, NH	9,349	119	19.3%
Haverhill, MA	63,783	123	23.3%
South Eliot, ME	3,047	125	25.0%
Hampton, NH	10,002	132	32.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Galion, OH	10,003	78	21.7%
Berwick, PA	10,003	88	12.4%
Hinton, AB	10,000	n/a
Clinton, TN	10,006	87	13.3%
Ventnor City, NJ	9,995	112	12.3%
Hampton, NH	10,002	132	32.4%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2023; this is the most current data available.