Cost of Living: Hampton, VA vs Elizabeth, NJ (2026)

Hampton

Virginia
88
VS

Elizabeth

New Jersey
112

Hampton is 21% cheaper than Elizabeth.

$1,346/mo ↓ 8%
Median Rent
$1,463/mo ↑ 9%
$67,758/yr ↑ 6%
Median Income
$63,874/yr ↓ 6%
$234,100 ↓ 41%
Home Value
$393,500 ↑ 68%
$1,347/mo ↓ 13%
Owner Costs
$1,543/mo ↑ 15%
137,334
Population
135,887

Tax Comparison

5.75%
Income Tax
10.75%
5.3%
State Sales Tax
6.625%
0.8%
Property Tax
2.23%

Affordability

23.8%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Hampton, VA and Elizabeth, NJ, the overall cost of living indices are 88 and 112 respectively (national median = 100). Rent is $117/month cheaper in Hampton, saving renters about $1,404/year.

Median household income is $3,884/year higher in Hampton. Home values also differ significantly — the median in Hampton is $234,100 compared to $393,500 in Elizabeth.

Virginia has a lower income tax rate, making Hampton slightly more tax-friendly.

Frequently Asked Questions

Hampton vs Elizabeth — common questions

Is Hampton or Elizabeth cheaper to live in?
Based on our cost index, Hampton is cheaper to live in with an index of 88 compared to 112 (US average = 100).
What is the rent difference between Hampton and Elizabeth?
Median rent in Hampton is $1,346/month and in Elizabeth it's $1,463/month — a difference of $117/month.
Which city has higher income, Hampton or Elizabeth?
Median household income is $67,758 in Hampton and $63,874 in Elizabeth. Median household income is $3,884/year higher in Hampton.
How do taxes compare between Virginia and New Jersey?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to Hampton or Elizabeth?
It depends on your priorities. Hampton has a cost index of 88 with median rent of $1,346/mo, while Elizabeth has a cost index of 112 with rent of $1,463/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Hampton details → View Elizabeth details →

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