Cost of Living in New Hope, OR

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

Cost of Living Overview

Overall Index

143.2

100 = national avg

+43.2 vs national average

Living Wage (1 Adult)

$62,992

per year

Living Wage (Family of 4)

$148,891

per year

Cost Index by Category

Housing
194.0
Food
109.4
Transportation
118.9
Healthcare
107.6
Utilities
124.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,039

per month

2 Bedroom

$1,363

per month

The overall cost of living index in New Hope is 143.2, which is 43.2% above the national average. Housing costs are above the national average at an index of 194.0. A single adult needs to earn approximately $62,992 per year to cover basic expenses.