Hampstead, NC Cost Of Living
Cost Of Living In Hampstead, NC Summary
Cost of living in Hampstead research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Hampstead is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in North Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Hampstead is 104, with 100 being the average.
The cost of living index in Hampstead is 1.0x higher than the national average.
Hampstead ranks as the #115 cheapest in North Carolina out of 153.
Hampstead ranks as the #3,585 cheapest out of 6,412 in the US.
The median home value in Hampstead is $318,600.
The median income in Hampstead is $102,366.
Table Of Contents
Hampstead's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Hampstead, NC?
According to the most recent data on the cost of living, Hampstead has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to North Carolina, Hampstead has a cost of living index that's 1.1x higher than North Carolina's index of 95.
The standard of living in Hampstead ranks as #115 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Hampstead ranks as the #38 most expensive place in the Tar Heel State.
For more reading on life in Hampstead, check out:
- Living In Hampstead
- Search Homes For Sale In Hampstead, NC
In North Carolina
In America
Hampstead Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Hampstead. Here is how it fairs on each of the criteria:
The Services index in Hampstead is 103.
The Groceries index in Hampstead is 99.
The Health index in Hampstead is 108.
The Housing index in Hampstead is 109.
The Transportation index in Hampstead is 110.
The Utilities index in Hampstead is 102.
| Living Expense | Hampstead | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 104 | 95 | 100 | |
| Services | 103 | 97 | 100 | |
| Groceries | 99 | 98 | 100 | |
| Health | 108 | 108 | 100 | |
| Housing | 109 | 91 | 100 | |
| Transportation | 110 | 92 | 100 | |
| Utilities | 102 | 95 | 100 | |
Hampstead, NC Housing Cost Breakdown
Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Hampstead is $318,600.
The Median Rent in Hampstead is $1,041.
The Median Income in Hampstead is $102,366.
The Home Value To Income in Hampstead is 3.1x.
The Rent To Monthly Income in Hampstead is 0.12x.
| Statistic | Hampstead | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $318,600 | $197,500 | $244,900 |
| Median Rent | $1,041 | $988 | $1,163 |
| Median Income | $102,366 | $60,516 | $69,021 |
| Home Value To Income | 3.1x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.12x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Hampstead, NC Costs By Category
Detailed Hampstead Services Costs Vs. North Carolina
| Item | Hampstead | North Carolina |
|---|---|---|
| Shampoo | $1.07 | $1.06 |
| Movie | $10.35 | $10.68 |
| Bowling | $13.67 | $14.67 |
| Haircut | $15.0 | $18.62 |
| Beauty Salon | $42.5 | $39.05 |
Detailed Hampstead Groceries Costs Vs. North Carolina
| Item | Hampstead | North Carolina |
|---|---|---|
| Ground Beef | $4.32 | $4.22 |
| Fried Chicken | $1.48 | $1.39 |
| Milk | $2.58 | $2.05 |
| Potatoes | $4.3 | $3.29 |
| Pizza | $8.99 | $10.62 |
| Beer | $9.69 | $9.38 |
| Toothpaste | $3.23 | $2.34 |
Detailed Hampstead Health Costs Vs. North Carolina
| Item | Hampstead | North Carolina |
|---|---|---|
| Optometrist | $116.4 | $108.57 |
| Doctor | $121.67 | $116.17 |
| Dentist | $120.22 | $99.13 |
Detailed Hampstead Transportation Costs Vs. North Carolina
| Item | Hampstead | North Carolina |
|---|---|---|
| Gasoline | $2.5 | $2.22 |
| Tire Balancing | $63.96 | $50.07 |
Detailed Hampstead Utilities Costs Vs. North Carolina
| Item | Hampstead | North Carolina |
|---|---|---|
| All Electricity | $180.8 | $167.67 |
| Phone | $177.09 | $175.64 |
Hampstead SnackAbility
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Cost Of Living In Cities Around Hampstead
The cost of living varies in the cities and towns around Hampstead. Here's a quick look at the cost of living in the most populous nearby places:
Wilmington, NC has a cost of living index of 105, 1.0x Hampstead.
Leland, NC has a cost of living index of 103, 1.0x Hampstead.
Murraysville, NC has a cost of living index of 102, 1.0x Hampstead.
| City | Population | Cost Of Living | Vs. Hampstead |
|---|---|---|---|
| Wilmington, NC | 115,976 | 105 | 1.0x |
| Leland, NC | 22,794 | 103 | 1.0x |
| Murraysville, NC | 15,976 | 102 | 1.0x |
| Myrtle Grove, NC | 11,672 | 111 | 1.1x |
| Kings Grant, NC | 9,071 | 97 | 0.9x |
| Ogden, NC | 8,613 | 112 | 1.1x |
| Porters Neck, NC | 7,221 | 128 | 1.2x |
| Silver Lake, NC | 5,690 | 98 | 0.9x |
