Virginia · Census, HUD and BEA figures · Updated

Cost of Living in Hampton city, VA

Prices around Hampton city, VA run 2.1% below the U.S. average (BEA, the metro area). The typical household there earns $69,621 a year, and HUD puts a two-bedroom at $1,713 a month. Keeping that rent under 30% of income takes about $68,520 a year.

Hampton city, VA at a glance

Median household income

$69,621$5,802 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,713HUD FY2026 Fair Market Rent
Price level (U.S. = 100)97.9-2.1% · BEA, the metro area
Electricity17.2¢per kWh · EIA Residential VA
Population137,557Census ACS 5-year estimate

How much rent can you afford in Hampton city, VA?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,713Monthly market rent
Share of gross income29.5%Recommended max: 30%
Annual income needed$68,520To meet the 30% standard
Max affordable rent$1,741At 30% of $69,621
0%30% (Affordability standard)100%
Compare against:

How much is rent in Hampton city, VA? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Hampton city, VA, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,492$17,904$59,68025.7%
1-Bedroom Apartment$1,512$18,144$60,48026.1%
2-Bedroom ApartmentBenchmark$1,713$20,556$68,52029.5%
3-Bedroom Home$2,376$28,512$95,04041%
4-Bedroom Home$2,797$33,564$111,88048.2%

Rent in Hampton city, VA, with the wage each unit needs →

What a typical income covers in Hampton city, VA

The 50/30/20 rule applied to the local median of $69,621 a year ($5,802 a month before tax).

Needs (50%)$2,901/moRent ($1,713 2-BR), utilities (~$155/mo), groceries, transit
Wants (30%)$1,741/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,160/moEmergency fund, retirement, paying down loans

What $69,621 leaves after Virginia taxes

Federal income tax, Social Security, Medicare and Virginia tax on the local median income. Change the salary to see yours.

$69,621
$25,000$140,000
Filing status:
Gross salary breakdown$69,621
Net 78%
Fed 9%
VA 5%
FICA 8%
Annual take-home$54,619After all taxes
Monthly deposit$4,552Estimated per month
Biweekly paycheck$2,101Every 2 weeks (26/yr)
Effective tax rate21.6%Total tax burden
Federal income tax$6,487 / yr
Virginia state income tax$3,189 / yr
FICA (Social Security & Medicare)$5,326 / yr

Living in Hampton city, VA: common questions

What is the median household income in Hampton city, VA?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Hampton city, VA is $69,621 per year (approximately $5,802 per month).

What is the average rent in Hampton city, VA?

The closest official figure is HUD's Fair Market Rent for 2026: $1,492 for a studio, $1,512 for one bedroom, $1,713 for two, $2,376 for three and $2,797 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Hampton city, VA expensive to live in?

Prices there run 2.1% below the U.S. average. BEA's regional price parity for the metro area is 97.9, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Hampton city, VA?

To keep a $1,713 two-bedroom under 30% of gross income, a household needs about $68,520 a year, or $5,710 a month. That is 98% of what the typical household in Hampton city, VA earns.

How much do you need to live comfortably in Hampton city, VA?

On the local median income of $69,621 ($5,802 a month before tax), the 50/30/20 rule leaves $2,901 a month for needs like rent, utilities and groceries, $1,741 for everything else and $1,160 for savings or debt. A two-bedroom at $1,713 takes 59% of the needs share.

How much is the electric bill in Hampton city, VA?

Homes in Virginia paid 17.2¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $155. Your bill depends mostly on heating and cooling.