Cost of Living: New York, NY vs Hampton, VA (2026)

New York

New York
166
VS

Hampton

Virginia
88

New York is 78% more expensive than Hampton.

$1,779/mo ↑ 32%
Median Rent
$1,346/mo ↓ 24%
$79,713/yr ↑ 18%
Median Income
$67,758/yr ↓ 15%
$751,700 ↑ 221%
Home Value
$234,100 ↓ 69%
$1,837/mo ↑ 36%
Owner Costs
$1,347/mo ↓ 27%
8,516,202
Population
137,334

Tax Comparison

10.9%
Income Tax
5.75%
4.0%
Sales Tax
5.3%
1.62%
Property Tax
0.8%

Affordability

26.8%
rent-to-income
Affordability
23.8%
rent-to-income

Detailed Comparison

When comparing New York, NY and Hampton, VA, the overall cost of living indices are 166 and 88 respectively (national median = 100). Rent is $433/month cheaper in Hampton, saving renters about $5,196/year.

Median household income is $11,955/year higher in New York. Home values also differ significantly — the median in New York is $751,700 compared to $234,100 in Hampton.

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

Frequently Asked Questions

New York vs Hampton — common questions

Is New York or Hampton cheaper to live in?
Based on our cost index, Hampton is cheaper to live in with an index of 88 compared to 166 (US average = 100).
What is the rent difference between New York and Hampton?
Median rent in New York is $1,779/month and in Hampton it's $1,346/month — a difference of $433/month.
Which city has higher income, New York or Hampton?
Median household income is $79,713 in New York and $67,758 in Hampton. Median household income is $11,955/year higher in New York.
How do taxes compare between New York and Virginia?
New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.
Should I move to New York or Hampton?
It depends on your priorities. New York has a cost index of 166 with median rent of $1,779/mo, while Hampton has a cost index of 88 with rent of $1,346/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View New York details → View Hampton details →