Hampton, TN vs Petersburg, TN

Hampton is moderately more affordable than Petersburg, with a 10.7% lower cost of living index. Hampton scores 57 compared to 64 for Petersburg, where the US average is 100. This difference means residents of Petersburg can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hampton is $593/month compared to $648/month in Petersburg — a 9% difference. Home values follow the same pattern: Hampton is more affordable at $97,200 median vs $144,600.

Median household income in Hampton is $36,715 compared to $58,942 in Petersburg (-37.7%). While Petersburg is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hampton spend roughly 19.4% of their income on rent, more than the 13.2% in Petersburg.