Mount Hope, NJ Economy

Mount Hope, NJ is a residential community located in Morris County. The area is known for its close proximity to Newark Airport and the abundance of outdoor recreational activities. The 2 bedroom rent in Mount Hope, NJ is slightly higher than the US average at $1,430 per month. Although the grocery cost index in Mount Hope is slightly higher than the US average (100), many local companies are available to meet residents' everyday needs such as Kings Food Markets, ShopRite Supermarkets, and Stop & Shop. All in all, Mount Hope is a great place to live with an affordable cost of living that slightly exceeds US norms.