New Hope, PA Cost of Living


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New Hope cost of living score
119.7
More expensive
19.7% higher
than the US average
26.5% higher
than the Pennsylvania average
New Hope, Pennsylvania gets a BestPlaces Cost of Living score of 119.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.7% higher than the U.S. average and 26.5% higher than the average for Pennsylvania.

New Hope, PA

Housing costs in New Hope?
A typical home costs $721,800, which is 113.5% more expensive than the national average of $338,100 and 197.3% more expensive than the average Pennsylvania home, at $242,800. Renting a two-bedroom unit in New Hope costs $1,900 per month, which is 32.9% more than the national average of $1,430 and 36.3% more than the state average of $1,210.

Can I afford New Hope?
To live comfortably in New Hope, Pennsylvania, a minimum annual income of $138,240 for a family, and $62,800 for a single person is recommended.

What does A.I. say about New Hope?
The cost of living in New Hope, PA is relatively low compared to other areas in the Northeast. Although housing costs are slightly above the national average, goods and services remain significantly below the rest of Pennsylvania. Groceries, healthcare, transportation, and utilities are all less expensive than the state average. Additionally, there is no state sales tax in New Hope. With its abundance of cultural attractions and beautiful scenery, you can get a lot of bang for your buck living in this charming little town.
   Cost of living score
     CategoriesNew HopePennsylvaniaUnited States
  119.794.6100.0
  114.2100.3100
  98.7101.1100.0
  246.680.5100.0
  $721,800$242,800$338,100
  105.4%98.2%100.0%
  134.6104.0100.0
  130.0101.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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