Cost of Living in New Hope, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
86.4
100 = national avg
-13.6 vs national average
Living Wage (1 Adult)
$38,009
per year
Living Wage (Family of 4)
$89,839
per year
Cost Index by Category
Housing81.8
Food92.3
Transportation84.6
Healthcare93.8
Utilities91.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$948
per month
2 Bedroom
$1,244
per month
The overall cost of living index in New Hope is 86.4, which is 13.6% below the national average. Housing costs are below the national average at an index of 81.8. A single adult needs to earn approximately $38,009 per year to cover basic expenses.