Cost of Living in New Hope, PA

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

Cost of Living Overview

Overall Index

224.0

100 = national avg

+124.0 vs national average

Living Wage (1 Adult)

$98,538

per year

Living Wage (Family of 4)

$232,909

per year

Cost Index by Category

Housing
263.1
Food
171.5
Transportation
242.9
Healthcare
157.2
Utilities
175.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,520

per month

2 Bedroom

$1,810

per month

The overall cost of living index in New Hope is 224.0, which is 124.0% above the national average. Housing costs are above the national average at an index of 263.1. A single adult needs to earn approximately $98,538 per year to cover basic expenses.