Hampton vs Minneapolis
Cost of Living Comparison · 2026
Hampton
Minneapolis
The Verdict
Hampton is 17.0% less expensive than Minneapolis overall. A household earning $75,000 in Hampton would need approximately $90,341 in Minneapolis to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Hampton has the same purchasing power as $90,341 in Minneapolis.
Conversely, $75,000 in Minneapolis equals $62,264 in Hampton.
Living in Hampton vs Minneapolis
Housing Costs
Hampton's housing index of 102 is lower Minneapolis's 112, translating to median home prices of $243,000 vs $310,000. The $67,000 difference in home prices means roughly $4,356 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,175/mo in Hampton compared to $1,500/mo in Minneapolis, a monthly difference of $325.
Grocery & Food Costs
Grocery expenses index at 94 in Hampton and 104 in Minneapolis. A household spending the national average of $475/month on groceries would pay approximately $447/month in Hampton vs $494/month in Minneapolis. Hampton offers a meaningful advantage on everyday food costs, saving roughly $564/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 102 in Hampton and 97 in Minneapolis. Monthly utility bills average approximately $408 in Hampton vs $388 in Minneapolis. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 106 in Hampton and 105 in Minneapolis. 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 $59,400 in Hampton and $64,285 in Minneapolis. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $67,500 and $60,646 respectively. Hampton residents enjoy stronger real purchasing power despite lower nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,386/month to housing in Hampton vs $1,500/month in Minneapolis. In Hampton, median rent of $1,175/mo fits within this budget. In Minneapolis, median rent of $1,500/mo remains manageable. The biggest category-level difference between these two cities is Transportation, where the gap is 15 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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