Cost of Living in Hopewell, PA

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

Cost of Living Overview

Overall Index

74.5

100 = national avg

-25.5 vs national average

Living Wage (1 Adult)

$32,794

per year

Living Wage (Family of 4)

$77,512

per year

Cost Index by Category

Housing
62.4
Food
82.0
Transportation
93.7
Healthcare
85.6
Utilities
81.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$973

per month

The overall cost of living index in Hopewell is 74.5, which is 25.5% below the national average. Housing costs are below the national average at an index of 62.4. A single adult needs to earn approximately $32,794 per year to cover basic expenses.