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Grimesland, NC vs New Hope, NC

76
Grimesland
North Carolina
VS
-10.1%
84
New Hope
North Carolina

Grimesland is moderately more affordable than New Hope, with a 10.1% lower cost of living index. Grimesland scores 76 compared to 84 for New Hope, where the US average is 100. This difference means residents of New Hope can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Grimesland are $162,500 compared to $156,500 in New Hope, a 4% gap.

Median household income in Grimesland is $35,417 compared to $55,324 in New Hope (-36%). While New Hope is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Grimesland
76
10% cheaper
New Hope
84
Median Household Income
Grimesland
$35,417
New Hope
$55,324
36% higher

Housing

Median Rent
Grimesland
$1,000
New Hope
Median Home Value
Grimesland
$162,500
New Hope
$156,500
4% cheaper
Population
Grimesland
428
New Hope
1,200

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Grimesland $2.97
New Hope $2.97
US $3.07
🥚
Eggs (grade A, large)
Grimesland $2.42
New Hope $2.42
US $2.50
🥛
Milk (whole)
Grimesland $3.90
New Hope $3.90
US $4.03
🍞
Bread (white)
Grimesland $1.79
New Hope $1.79
US $1.85
🍗
Chicken breast
Grimesland $4.01
New Hope $4.01
US $4.14
Electricity
Grimesland $0.16
New Hope $0.16
US $0.19