Calculate using real Hampton data. Median home price: $220,000. Property tax rate: 1.04%.
Hampton, VA has a cost of living index of 90, where 100 represents the national average. This means living in Hampton is 10% less expensive the national average.
The median household income in Hampton, VA is $51,230. Combined with a cost of living index of 90, this provides a picture of purchasing power in the area.
The median home price in Hampton, VA is $220,000 with a property tax rate of 1.04%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $1,453.