The cost of living index in Hampton, GA, reflects lower expenses compared to the nationwide average. Specifically, the overall index stands at 92, indicating that residents can expect to spend 8% less on living costs than the national average of 100. Each category, from housing to utilities, aligns closely with or slightly below the national figures, making Hampton a potentially more affordable place to live. When looking at individual categories, Hampton’s housing index at 88 shows a notable 12% decrease, while groceries at 94 and healthcare at 95 both remain very close to the national average. Utilities and transportation slightly exceed the national average, with indices of 96 and 92 respectively. This balanced distribution ensures that overall living costs remain competitively low, making Hampton an attractive option for budget-conscious individuals.
The cost of living index in Hampton, GA, shows a favorable comparison to the nationwide average of 100. Specifically, housing costs in Hampton stand at 88, which indicates that housing expenses are 12% lower than the national average. This makes it a more affordable option for those considering a move to the area.
In terms of groceries, Hampton's index stands at 94, which is 6% higher than the national average. This slight increase reflects a minor uptick in food prices compared to the rest of the country. Utilities follow closely at 96, meaning residents spend just 4% more on utilities. Transportation costs are at 92, 8% below the national average, suggesting that commuting expenses may be slightly lower. Healthcare costs remain at 95, which is 5% above average, and miscellaneous expenses are at 89, showing an 11% reduction. Overall, Hampton presents a mix of costs that are mostly lower than the national average, making it an attractive option for budget-conscious individuals and families.