Housing costs in New Hope?
A typical home costs
$396,100, which is 17.2% more expensive than the national average of
$338,100 and 33.1% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in New Hope costs
$2,170 per month, which is 51.7% more than the national average of
$1,430 and 41.0% more than the state average of
$1,280.
Can I afford New Hope?
To live comfortably in New Hope, Texas, a minimum annual income of
$75,960 for a family, and
$73,600 for a single person is recommended.
What does A.I. say about New Hope?
New Hope, TX is an affordable place to live. The cost of living in New Hope is slightly lower than the national average and much lower than other cities and states across the country. The median home value is around $187,500, which is very reasonable compared to other cities in Texas. Renters typically pay a median rent of about $820 monthly. Groceries and utilities costs are also quite low in comparison with the rest of Texas and the U.S. on average, making it an attractive place for those looking for a lower cost of living.