Hampstead, NC, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Hampstead stands at 92, which is 8% lower than the national average of 100. This makes Hampstead a more affordable place to live in terms of housing, groceries, and utilities, while still providing comparable prices for miscellaneous expenses and healthcare.
Transportation costs are also slightly lower, at 92, making it easier for residents to manage their budgets. Job seekers looking for a balance between affordability and quality of life may find Hampstead an attractive option.
Hampstead, NC, presents a cost of living that is slightly below the nationwide average. The housing index in Hampstead stands at 90, which is 10% lower than the national average. This suggests that housing costs in Hampstead are more affordable, making it an attractive option for those looking to save on their living expenses.
In addition to housing, the grocery index in Hampstead is 95, which is 5% below the national average. This indicates that residents can expect to spend less on food compared to the average American. Utilities in Hampstead are priced at 98, just 2% below the national average, showing minimal difference in this category. Transportation costs are at 92, which is 8% lower than the national average, offering another area where residents can save money. Overall, Hampstead provides a cost-effective living environment with several categories below the national average.
