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Hopedale, MA vs Palmer Town, MA

125
Hopedale
Massachusetts
VS
+43.7%
87
Palmer Town
Massachusetts

The cost of living difference between Hopedale, MA and Palmer Town, MA is dramatic. Palmer Town is 43.7% cheaper than Hopedale, a gap that translates to thousands of dollars per year in household expenses. Hopedale has a cost index of 125 while Palmer Town sits at 87, 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 $1,041/month in Palmer Town — a 77% difference. Home values follow the same pattern: Palmer Town is more affordable at $255,000 median vs $399,100.

Median household income in Hopedale is $111,016 compared to $78,789 in Palmer Town (+40.9%). The higher salaries in Hopedale partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hopedale spend roughly 19.9% of their income on rent, more than the 15.9% in Palmer Town.

Climate-wise, both cities share similar average temperatures (52°F vs 49.4°F). Palmer Town receives more rainfall at 45.2" per year compared to 43.9" in Hopedale.

Income & Cost

Cost of Living Index
Hopedale
125
Palmer Town
87
30% cheaper
Median Household Income
Hopedale
$111,016
29% higher
Palmer Town
$78,789

Housing

Median Rent
Hopedale
$1,844
Palmer Town
$1,041
44% cheaper
Median Home Value
Hopedale
$399,100
Palmer Town
$255,000
36% cheaper
Population
Hopedale
4,126
Palmer Town
12,372

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hopedale $3.03
Palmer Town $3.03
US $3.07
🥚
Eggs (grade A, large)
Hopedale $2.47
Palmer Town $2.47
US $2.50
🥛
Milk (whole)
Hopedale $3.98
Palmer Town $3.98
US $4.03
🍞
Bread (white)
Hopedale $1.83
Palmer Town $1.83
US $1.85
🍗
Chicken breast
Hopedale $4.09
Palmer Town $4.09
US $4.14
Electricity
Hopedale $0.30
Palmer Town $0.29
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hopedale 52°F
Palmer Town 49.4°F
Summer High
Hopedale 86°F
Palmer Town 85°F
Winter Low
Hopedale 21°F
Palmer Town 16°F
Rainfall
Hopedale 43.9"
Palmer Town 45.2"
Rainy Days
Hopedale 135d
Palmer Town 137d