Home / Compare / Hopewell vs Renaissance at Monroe

Hopewell, NJ vs Renaissance at Monroe, NJ

134
Hopewell
New Jersey
VS
+13%
118
Renaissance at Monroe
New Jersey

Renaissance at Monroe is moderately more affordable than Hopewell, with a 13% lower cost of living index. Hopewell scores 134 compared to 118 for Renaissance at Monroe, where the US average is 100. This difference means residents of Hopewell can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Hopewell are $561,900 compared to $475,800 in Renaissance at Monroe, a 18% gap.

Median household income in Hopewell is $142,396 compared to $99,615 in Renaissance at Monroe (+42.9%). While Hopewell 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
Hopewell
134
Renaissance at Monroe
118
12% cheaper
Median Household Income
Hopewell
$142,396
30% higher
Renaissance at Monroe
$99,615

Housing

Median Rent
Hopewell
$1,712
Renaissance at Monroe
Median Home Value
Hopewell
$561,900
Renaissance at Monroe
$475,800
15% cheaper
Population
Hopewell
1,828
Renaissance at Monroe
643

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hopewell $3.00
Renaissance at Monroe $3.32
US $3.07
🥚
Eggs (grade A, large)
Hopewell $2.44
Renaissance at Monroe $2.71
US $2.50
🥛
Milk (whole)
Hopewell $3.94
Renaissance at Monroe $4.36
US $4.03
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Bread (white)
Hopewell $1.81
Renaissance at Monroe $2.00
US $1.85
🍗
Chicken breast
Hopewell $4.05
Renaissance at Monroe $4.49
US $4.14
Electricity
Hopewell $0.21
Renaissance at Monroe $0.24
US $0.19