Fayetteville, TN vs Hopewell, TN

Fayetteville is moderately more affordable than Hopewell, with a 12.6% lower cost of living index. Fayetteville scores 71 compared to 81 for Hopewell, where the US average is 100. This difference means residents of Hopewell can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fayetteville is $753/month compared to $1,007/month in Hopewell — a 25% difference. Home values follow the same pattern: Fayetteville is more affordable at $191,100 median vs $227,700.

Median household income in Fayetteville is $50,890 compared to $85,461 in Hopewell (-40.5%). While Hopewell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fayetteville spend roughly 17.8% of their income on rent, more than the 14.1% in Hopewell.