Cost of Living in Hopewell Junction, NY

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

167.2

100 = national avg

+67.2 vs national average

Living Wage (1 Adult)

$73,547

per year

Living Wage (Family of 4)

$173,838

per year

Cost Index by Category

Housing
259.5
Food
109.2
Transportation
118.3
Healthcare
107.3
Utilities
137.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,549

per month

2 Bedroom

$1,979

per month

The overall cost of living index in Hopewell Junction is 167.2, which is 67.2% above the national average. Housing costs are above the national average at an index of 259.5. A single adult needs to earn approximately $73,547 per year to cover basic expenses.