New Hope cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexNew HopeOregonNational
Cost of living index112117100
IndexNew HopeOregonNational
Goods & Services index122122100
Groceries index116116100
Health care index114114100
Housing index106122100
Transportation index111111100
Utilities index8989100

Did you know?

  • The cost of living in New Hope is 4% lower than the Oregon average.
  • The cost of living in New Hope is 12% higher than the national average.
  • The cost of housing in New Hope is 6% higher than the national average.
  • Oregon general sales tax is 100% lower than the national average.
  • Oregon state income tax is 125% higher than the national average.

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Compare New Hope, OR Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$62,237$5,186$1,452$1,867
Renters$11,424$952$267$343

Oregon Sales Tax

StateGeneral Sales TaxWith Max Surtax
Oregon0%0%

Oregon Income Tax

StateIncome Tax (Low)Income Tax (High)
Oregon5%9.9%

Goods & Services

ItemNew HopeNational avg.Difference
Haircut $25.20$14.5972.7%
Beauty Salon $46.60$34.6834.4%
Toothpaste $3.42$2.4738.3%
Shampoo $1.72$1.0268.3%
Movie $10.15$9.872.9%
Bowling $3.45$4.3921.4%

Groceries

ItemNew HopeNational avg.Difference
Ground Beef $4.65$4.483.9%
Fried Chicken $2.69$1.4683.7%
Milk $1.97$2.3616.4%
Potatoes $2.73$3.0610.8%
Pizza $11.00$9.2419.0%
Beer $8.85$8.632.5%

Health Care

ItemNew HopeNational avg.Difference
Optometrist $124.50$99.7824.8%
Doctor $131.85$105.0325.5%
Dentist $101.00$88.7013.9%
Ibuprofen $14.45$9.4153.5%
Lipitor $251.31$298.5015.8%

Housing

ItemNew HopeNational avg.Difference
Home Price $187,200.00$175,700.006.5%
Avg. Mortgage Payment $1,517.59$1,081.0340.4%
Apartment Rent $950.00$920.003.3%

Transportation

ItemNew HopeNational avg.Difference
Gasoline $2.30$2.099.9%
Tire Balancing $52.33$45.2915.6%

Utilities

ItemNew HopeNational avg.Difference
All Electricity$151.02$170.8011.6%
Phone $25.01$28.2611.5%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Cave Junction, OR2,0591011%
Rogue River, OR2,1731055%
Kerby, OR3111099%
Grants Pass, OR34,9161099%
Selma, OR65311212%
New Hope, OR1,44311212%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Despard, WV1,44386-14%
Wilderness Rim, WA1,44312525%
Anna, OH1,44493-7%
Rowley, MA1,44414242%
Edwards, MS1,44479-21%
New Hope, OR1,44311212%
Source: The New Hope, OR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.