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Cost of Living in New Hope, AL

Population: 2,895 | Alabama

67
Cost of Living Index
US Average = 100

New Hope is 33% less expensive than the national average.

52
Housing
52
Home Values
94
Regional Price

Income

Median Household Income
$80,787
vs US Median ($75,149)
+8%

Housing

Median Rent
$692/mo
Median Home Value
$158,200
Median Monthly Housing Cost
$993/mo

Everyday Prices in New Hope

BLS Average Prices for the Huntsville, AL (Metropolitan Statistical Area) area

$2.90
Gasoline (regular)
per gallon
-5% vs US
🥚
$2.37
Eggs (grade A, large)
per dozen
-5% vs US
🥛
$3.81
Milk (whole)
per gallon
-5% vs US
🍞
$1.75
Bread (white)
per lb
-5% vs US
🍗
$3.92
Chicken breast
per lb
-5% vs US
$0.17
Electricity
per kWh
-11% vs US

Climate in New Hope

NOAA 30-year normals (1991-2020)

62.9°F
Avg Temperature
54.3"
Rainfall / Year
118d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 52 57 66 75 83 89 92 91 87 76 64 55
Avg °F 43 47 54 63 71 79 81 81 75 64 53 46
Low °F 33 36 43 51 60 68 71 70 63 52 41 36
Rain" 5.0 5.1 5.4 4.9 4.7 4.1 4.5 3.6 3.5 3.6 4.3 5.9

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