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Hopewell, TN vs Savannah, TN

81
Hopewell
Tennessee
VS
+18%
69
Savannah
Tennessee

There is a significant gap in the cost of living between these two cities. Savannah is 18% cheaper than Hopewell. With a cost index of 69 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Savannah to Hopewell should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hopewell is $1,007/month compared to $757/month in Savannah — a 33% difference. Home values follow the same pattern: Savannah is more affordable at $163,100 median vs $227,700.

Median household income in Hopewell is $85,461 compared to $41,396 in Savannah (+106.4%). While Hopewell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hopewell spend roughly 14.1% of their income on rent, less than the 21.9% in Savannah.

Income & Cost

Cost of Living Index
Hopewell
81
Savannah
69
15% cheaper
Median Household Income
Hopewell
$85,461
52% higher
Savannah
$41,396

Housing

Median Rent
Hopewell
$1,007
Savannah
$757
25% cheaper
Median Home Value
Hopewell
$227,700
Savannah
$163,100
28% cheaper
Population
Hopewell
2,624
Savannah
7,219

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hopewell $2.89
Savannah
US $3.07
🥚
Eggs (grade A, large)
Hopewell $2.36
Savannah
US $2.50
🥛
Milk (whole)
Hopewell $3.80
Savannah
US $4.03
🍞
Bread (white)
Hopewell $1.74
Savannah
US $1.85
🍗
Chicken breast
Hopewell $3.91
Savannah
US $4.14
Electricity
Hopewell $0.14
Savannah
US $0.19