Hopedale, MA vs South Yarmouth, MA
Hopedale, MA and South Yarmouth, MA have a very similar cost of living, with only a 1% difference in their overall index. Hopedale scores 125 while South Yarmouth scores 126 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 Hopedale is $1,844/month compared to $1,665/month in South Yarmouth — a 11% difference. Interestingly, home values tell a different story: while South Yarmouth has cheaper rent, Hopedale actually has lower median home values ($399,100 vs $465,100).
Median household income in Hopedale is $111,016 compared to $79,638 in South Yarmouth (+39.4%). 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 25.1% in South Yarmouth.
Climate-wise, both cities share similar average temperatures (52°F vs 51.5°F). South Yarmouth receives more rainfall at 44.7" per year compared to 43.9" in Hopedale.
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