Bellwood, VA vs Hopewell, VA

Bellwood, VA and Hopewell, VA have a very similar cost of living, with only a 4.6% difference in their overall index. Bellwood scores 85 while Hopewell scores 81 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Bellwood is $1,132/month compared to $1,085/month in Hopewell — a 4% difference. Home values follow the same pattern: Hopewell is more affordable at $165,100 median vs $192,600.

Median household income in Bellwood is $50,172 compared to $48,681 in Hopewell (+3.1%). The higher salaries in Bellwood partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bellwood spend roughly 27.1% of their income on rent, more than the 26.7% in Hopewell.