Housing costs in New Hope?
A typical home costs
$732,700, which is 116.7% more expensive than the national average of
$338,100 and 201.8% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in New Hope costs
$1,880 per month, which is 31.5% more than the national average of
$1,430 and 35.6% more than the state average of
$1,210.
Can I afford New Hope?
To live comfortably in New Hope (zip 18938), Pennsylvania, a minimum annual income of
$140,400 for a family, and
$62,400 for a single person is recommended.
What does A.I. say about New Hope?
The cost of living in New Hope, PA, zip code 18938, is slightly higher than the US average. Rent prices for a one bedroom apartment range from $1,500 to $2,000 per month while the median home value is around $381,900. Grocery and dining costs are also above average compared to other parts of the country. The area is known for its high quality restaurants and unique boutique shopping options which can add up quickly if you’re not careful. However, given its close proximity to the city of Philadelphia and its beautiful scenery and outdoor activities, it may be worth it to live in this bustling small town.