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: 94.5 / 100
- Median Home Price is: $298,000
- Average Rent (2 BR Apartment): $1909 per month
- Average Rent (2 BR House): $2075 per month
Considering a move to Hampton, GA? The housing index currently stands at 94.5, 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 1909 and 2075 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.): $226 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 $226 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 Hampton is a financially viable option for your relocation.