Albany vs Hampton
Cost of Living Comparison · 2026
Albany
Hampton
The Verdict
Living in Hampton costs 12.5% less than Albany. To match the purchasing power of a $75,000 salary in Albany, you would need $66,667 in Hampton.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Albany has the same purchasing power as $66,667 in Hampton.
Conversely, $75,000 in Hampton equals $84,375 in Albany.
Living in Albany vs Hampton
Housing Costs
Albany's housing index of 93 is lower Hampton's 102, translating to median home prices of $220,000 vs $243,000. The $23,000 difference in home prices means roughly $1,500 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,200/mo in Albany compared to $1,175/mo in Hampton, a monthly difference of $25.
Grocery & Food Costs
Grocery expenses index at 102 in Albany and 94 in Hampton. A household spending the national average of $475/month on groceries would pay approximately $485/month in Albany vs $447/month in Hampton. Hampton offers a meaningful advantage on everyday food costs, saving roughly $456/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 107 in Albany and 102 in Hampton. Monthly utility bills average approximately $428 in Albany vs $408 in Hampton. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 100 in Albany and 106 in Hampton. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.
Income & Purchasing Power
Median household income is $43,098 in Albany and $59,400 in Hampton. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $43,533 and $67,500 respectively. Hampton residents come out ahead in real purchasing power.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,006/month to housing in Albany vs $1,386/month in Hampton. In Albany, median rent of $1,200/mo exceeds this threshold, suggesting renters may feel stretched. In Hampton, median rent of $1,175/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 9 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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