Hopedale, MA vs Nantucket, MA

The cost of living difference between Hopedale, MA and Nantucket, MA is dramatic. Hopedale is 44.3% cheaper than Nantucket, a gap that translates to thousands of dollars per year in household expenses. Hopedale has a cost index of 125 while Nantucket sits at 224, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Hopedale is $1,844/month compared to $2,484/month in Nantucket — a 26% difference. Home values follow the same pattern: Hopedale is more affordable at $399,100 median vs $1,359,200.

Median household income in Hopedale is $111,016 compared to $109,988 in Nantucket (+0.9%). Hopedale offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hopedale spend roughly 19.9% of their income on rent, less than the 27.1% in Nantucket.

Climate-wise, both cities share similar average temperatures (52°F vs 50.7°F). Hopedale receives more rainfall at 43.9" per year compared to 40.9" in Nantucket.