Cost of Living in Hampton, GA

Housing

The housing market plays a significant role in determining the cost of living in Hampton, GA.

• Housing Index: 110.0 / 100
• Median Home Price is: $298000
• Average Rent (2 BR Apartment): $1400 per month
• Average Rent (2 BR House): $1450 per month

Considering a move to Hampton, GA? The housing index currently stands at 110.0, indicating a modestly competitive market. With a median home price of 298000, purchasing may represent a worthwhile investment. The average rents for a 2-bedroom apartment and a house are 1400 and 1450 respectively. This rent range highlights a vibrant rental market, though potential buyers should assess long-term gains against rental costs. Overall, weigh your priorities between property ownership and renting depending on your lifestyle and financial goals.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hampton, GA.

• Electricity Price: 15.53 USD (median by state)
• Natural Gas Price: $27.53 USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $200 per month

Living in Hampton, GA could entail higher utility costs. Electricity costs sit at 15.53, while natural gas is priced at 27.53 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 105.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $67808

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Hampton, GA, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.